How long before disbursement must funds be deposited to comply with regulations?

Funds must be deposited at least 10 days before disbursement to comply with regulations. This timeframe is designed to ensure that there is adequate time to process the funds, verify their availability, and address any potential issues that might arise prior to the actual disbursement. By requiring this lead time, it helps protect all parties involved in the transaction, ensuring that the funds are secure and properly accounted for before any payments are made. This regulatory measure is key to maintaining the integrity and efficacy of the transaction process in the title insurance industry.