Buyer's attorney may play one of two roles. He may act as closing attorney in the transaction, or simply as the Buyer's legal advisor for review of documents relevant to closing. Keep the settlement attorney advised when the loan has been approved and contractual contingencies met. Often an attorney will hold off in ordering the title search and the survey pending approval of the Buyer's loan application. The Lender must receive a copy of the survey before the Lender will even begin work on the settlement instructions.
Some Lenders take three to five days to prepare instructions.
The Seller's attorney is normally not extensively involved in the preparation of the settlement. The Seller's is normally not extensively involved in the preparation of the settlement. Com, Maryland's Ultimate Legal Resource. The above information should not be considered legal advice, and a thorough consultation with an experienced attorney is always recommended when faced with any legal issue.