Case of the TBD Escrow Agent

by amyc

A dispute over a late escrow deposit centered on one missing contract detail: the seller never named the escrow agent. This case shows how leaving an escrow agent listed as “TBD” can turn a simple deadline issue into years of litigation and attorney fees.

Categories

Recent Posts

Mortgage Rates Mostly Steady Despite Stock Market Bounce
Mortgage Rates Mostly Steady Despite Stock Market Bounce
NAR adopts MLS policy changes on copyright, data use
NAR adopts MLS policy changes on copyright, data use
Mortgage Rates Hold Steady at Lows Despite Stronger Jobs Report
Mortgage Rates Hold Steady at Lows Despite Stronger Jobs Report
Another Decent Drop as Mortgage Rates Move Under 7.2%
Another Decent Drop as Mortgage Rates Move Under 7.2%
Mortgage rates fall for third straight week
Mortgage rates fall for third straight week
DeSantis expands flood emergency; DRF offers help
DeSantis expands flood emergency; DRF offers help
DeSantis plans special session on property tax amendment
DeSantis plans special session on property tax amendment
Mortgage Rates Fall Back Under 7.25%
Mortgage Rates Fall Back Under 7.25%
Florida voters approve Amendment 3
Florida voters approve Amendment 3
Mortgage Rates Move Slightly Higher After Stronger Econ Data
Mortgage Rates Move Slightly Higher After Stronger Econ Data

Share on Social Media

GET MORE INFORMATION

Beverly Amerman
Beverly Amerman

Broker Associate License ID: BK3235075

+1(609) 381-2153

1140 S International Pkwy, Lake Mary, FL 32746, USA

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Beverly Amerman, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.