Emerald Bay serves as your closing agent and operates as a neutral third party to make certain that the following conditions are met: the Seller has good and marketable title to pass to the Purchaser the Lender's Instructions and Conditions are satisfied. All expenses incident to the sale are paid and/or prorated to the proper parties (e.g., required inspections, lender fees, escrow account contributions, title insurance premiums, loan payoffs, homeowner association dues, water bills, taxes of all kinds, etc.), and the sale proceeds are distributed in accordance with the Seller's instructions and local laws.