Which statement about the closing process is true under Nebraska real estate law?

The statement that funds must be available for disbursement at closing is true under Nebraska real estate law. This requirement is in place to ensure that all financial transactions related to the sale are settled at the time of closing. It means that the buyer's funds need to be secured, often through wire transfer or certified funds, and accessible so that the seller can receive their payment and any other fees can be appropriately settled.

Having funds available for disbursement protects both the buyer and seller, as it ensures that the buyer’s purchase funds are clear and ready, and the seller can receive the proceeds of the sale promptly. This aspect of the closing process is crucial for facilitating a smooth transaction and preventing delays caused by funding issues.

Additionally, while some scenarios may allow for separate closings or remote signings under certain circumstances, the core tenet remains that financial aspects, including the adjustment of funds, must be handled at closing to finalize the transaction legally and effectively.