---
title: What is closing?
description: The close of escrow, also called closing, is the point when the seller receives all funds due and the property is transferred to the buyer’s name.
---

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3. [Closing](https://info.jvmlending.com/knowledge/faqs?hsLang=en#closing)

# What is closing?

## The point in the real estate transaction when the seller receives all funds due and the property is formally transferred to the buyer's name on title.

The **close of escrow**, commonly referred to as “**closing**,” is the point in the real estate transaction when the seller receives all funds due (from the buyer and lender), and **the property is formally transferred to the buyer’s name on [title](https://www.jvmlending.com/glossary/#titlecompany).**

All affiliated parties have fulfilled their legal responsibilities to one another, and the transaction has closed.

- [FAQs](https://info.jvmlending.com/knowledge/faqs?hsLang=en#main-content)

    - [Closing](https://info.jvmlending.com/knowledge/faqs?hsLang=en#closing)
    - [Getting Pre-Approved](https://info.jvmlending.com/knowledge/faqs?hsLang=en#getting-pre-approved)
    - [Post-Close](https://info.jvmlending.com/knowledge/faqs?hsLang=en#post-close)
    - [Making Offers](https://info.jvmlending.com/knowledge/faqs?hsLang=en#making-offers)
    - [Loan Products](https://info.jvmlending.com/knowledge/faqs?hsLang=en#loan-products)
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