For any payments required at closing, please ensure that your cashier's check is made payable to:
"Touchstone Closing & Escrow LLC IOLTA"
Additional Information:
The term "IOLTA" stands for "Interest On Lawyers Trust Account." This is a specialized type of account where lawyers hold client funds, typically used in real estate transactions and other legal matters. The interest earned on these accounts is used for various public interest purposes as designated by state regulations.