Thursday, February 26, 2015

Escrow Agent Cannot Unilaterally Release Funds

A couple of years ago, I represented a buyer who went to settlement. However, certain repairs which the seller had agreed to do were not completed by the settlement date, so $7,500 was held in escrow by the title attorney. I sent several faxes and e-mails to seller’s broker (the listing agent) requesting that the repairs either be promptly completed or that the escrow funds be released to the buyer.



Escrow Agent Cannot Unilaterally Release Funds

http://www.engage360.me

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