Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Who chooses the escrow holder?

chooses escrow
0
Posted

Who chooses the escrow holder?

0

The escrow holder is usually chosen by agreement between the principals. A real estate broker may make a recommendation, but the principals are ultimately responsible for the decision. It is illegal for referral fees to be paid between real estate brokers and escrow companies.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123