During which type of closing do all parties to the transaction gather together?

In a face-to-face closing, all parties involved in the transaction come together in the same location to finalize the sale or transfer of property. This type of closing allows for immediate communication and the opportunity for all parties to ask questions, clarify terms, and ensure mutual understanding of the transaction. It fosters a more personal interaction, which can be beneficial for building trust and addressing any outstanding concerns in real-time.

In contrast, other types of closings, such as escrow closings, involve the use of a third party to handle the paperwork and funds, typically without all parties being present together. Remote closings facilitate transactions where parties may be in different locations, allowing them to participate via digital means rather than being physically present. Split closings separate the closing process into different locations or sessions for different parties, which does not allow for all parties to gather at the same time or place. Thus, face-to-face closing is distinct in its requirement for collective participation, making it the correct answer.