source:
  type: guide
  id: hud-4000-1-i-a-requirements
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part I — a. Requirements
    (09/30/2016)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part I — a. Requirements
    (09/30/2016).
  coverage_tier: operative
obligations:
- id: hud-4000-1-i-a-requirements-full
  canonical_id: hud-4000-1-i-a-requirements-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part I — a. Requirements
    (09/30/2016)
  type: do
  tags:
  - regulator-direct
  - fha
  - hud-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: FHA Single Family Housing Policy Handbook 4000.1, Part I — a. Requirements
      (09/30/2016)
    source_class: hud-handbook
    source_url: https://www.hud.gov/hud-partners/single-family-handbook-4000-1
    snapshot_id: 8c03836f77f317e1
    fetched_at: '2026-05-23T00:28:40Z'
    content_hash: sha256:411430f29b13f9b54a2ebb0e6f6e7087ecd2b90d0da22eb0c8c792eaa2d7d0df
    paragraph_quote: 'a. Requirements (09/30/2016) Closing Agents must meet all of
      the following requirements in order to conduct a closing on a sales transaction
      of a HUD REO Property. I. DOING BUSINESS WITH FHA B. Other Participants 6. Closing
      Agents Handbook 4000.1 117 Last Revised: 11/26/2025 i. Licensure or Ability
      to Do Business in State where Property is Located The Closing Agent must be
      an attorney, title company, or escrow company that meets all state and local
      requirements for eligibility to conduct closings as follows: • An attorney or
      law firm may act as Closing Agent if they are duly licensed to practice law
      in the state where the Property is located and state law allows an attorney
      to facilitate closings. • A title company may act as Closing Agent if they are
      duly licensed to do business in the state where the Property is located and
      are regulated by the state insurance commission, or similar regulatory agency
      recognized by the state. • An escrow company may act as Closing Agent if they
      are duly licensed to do business in the state where the Property is located
      and meet all state legal and regulatory requirements as a recognized and registered
      escrow company. ii. Errors and Omissions Insurance The Closing Agent is covered
      by errors and omissions insurance of at least $1,000,000. iii. Debarment or
      Suspension A Closing Agent must not, and cannot, participate in any aspect of
      the closing or title clearance process if they are currently debarred, suspended,
      or otherwise excluded from participating in HUD’s programs.'
  judgment: false
