What license must a person acting as a real estate closing agent have?

The correct answer is that a person acting as a real estate closing agent must have a valid real estate closing agent's license. This requirement is crucial because a real estate closing agent plays a significant role in facilitating the final stages of a real estate transaction. They handle essential tasks such as the disbursement of funds, preparation of settlement documents, and ensuring that all legal obligations are met before the property transfer occurs.

Having a specialized license ensures that the closing agent is trained and knowledgeable about the intricacies of real estate transactions, state laws, and the proper procedures necessary to protect all parties involved. This license provides assurance to buyers, sellers, and lenders that the closing agent meets the required standards and has the expertise to manage significant financial and legal details safely and effectively.