Question

Yolinda is preparing closing documents for the sale of Luis' St. Paul condo. Which of the following is true?

A. Yolinda may not prepare the documents unless she's also a licensed attorney.
B. Yolinda may prepare closing documents only if she is a licensed attorney.
C. Yolinda, as a real estate licensee, may prepare closing documents as long as it is customary in her area.
D. Yolinda, as a real estate licensee, may never prepare closing documents; this is the exclusive role of attorneys.

Answer 1

The ability for Yolinda to prepare closing documents depends on local laws and customs. Real estate licensees may be permitted to do so if it is customary and legal in their area.

Step-by-step explanation:

The answer to whether Yolinda can prepare closing documents for the sale of a condo depends on the laws and customs of the particular state or area in which she works. In some states, real estate licensees are allowed to prepare closing documents if it is part of their customary duties, while in other states this activity may be strictly reserved for licensed attorneys. However, without specific information about the laws in St. Paul, it is not possible to determine the correct answer definitively. Option C suggests that if it is customary in her area, Yolinda, as a real estate licensee, may prepare closing documents assuming that action is in compliance with local laws and regulations.