How Potential Government Shutdown Could Impact Closings
November 14, 2023
A looming government shutdown Nov. 17 could eventually impact the title insurance industry and its ability to facilitate real estate closings. The last and longest government shutdown occurred from December 2018 to January 2019. During this shutdown, closings were disrupted or cancelled due to the inability to obtain lien payoff information from the Internal Revenue Service (IRS). Read on for a summary of how a federal government shutdown could impact other agencies or programs.
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