The Roles of Settlement Agent, Escrow Officer, and LPO

The Roles of Settlement Agent, Escrow Officer, and LPO

In the real estate industry the titles Settlement Agent, Escrow Officer, and Officer (LPO) are sometimes used interchangeably, but they have distinct responsibilities that impact how a transaction is handled. Settlement Agent: The Big Picture Coordinator A Settlement...
What Does U.L.I.D. Stand For?

What Does U.L.I.D. Stand For?

In your real estate career you will come across numerous acronyms, and one that often raises questions is “U.L.I.D.”. What is a U.L.I.D.? U.L.I.D. stands for Utility Local Improvement District. It’s a special assessment, or financing tool, used by local governments to...