Which of the following is a step in the process of using escrow in a property transaction?

In a property transaction, using escrow is a critical step that helps facilitate the process between the buyer and seller. Collecting documents for closing is a fundamental step in the escrow process, ensuring that all necessary paperwork is gathered and reviewed before finalizing the sale. This includes title documents, loan documentation, and any necessary disclosures, which are vital for a smooth closing.

Having these documents in order helps protect the interests of all parties involved and ensures compliance with the legal requirements of the transaction. It also sets the stage for a successful transfer of ownership, making it essential for the escrow process. Other steps such as evaluating property price, disbursing funds before closing, and marketing the property are important in the overall transaction but do not specifically refer to the function of escrow in securing and managing the transaction until all conditions are met for closing.