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Do all sellers need to sign a disbursement directive? | NC

Pierce Law Group

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Q: Do all sellers still need to sign a disbursement directive if the closing statement already shows how funds will be paid? A: Usually, yes — especially if the money will be sent somewhere other than the normal payee or split in a special way. The closing statement shows the numbers, but the closing attorney often still needs separate written authority that clearly says who gets the funds and…

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