The buyer's primary function at closing is to?

The primary function of the buyer at closing is to pay the purchase price for the property. This step is crucial because it represents the completion of the transaction, ensuring that the seller receives their agreed-upon compensation in exchange for the property. Payment is typically facilitated through various means, such as a bank wire transfer, certified check, or other agreed-upon methods outlined in the purchase agreement.

While signing title documents, reviewing the closing statement, and receiving keys are all important parts of the closing process, they are secondary to the fundamental act of transferring ownership, which hinges on the buyer's payment. Therefore, paying the purchase price solidifies the buyer's acquisition of the property, making it a core function of their role at closing.