Sentences with phrase «name of the escrow»

The agreement should list the amount of the earnest money and the name of the escrow agent.

Escrow assistants also go by the name of escrow clerks and work under escrow officers to provide the best services to customers.

Not exact matches

The Escrow Third Party solely manages the domain name on behalf of the Provider, without any legal claim.

The Provider will deliver the domain name under retention of title to the Escrow Third Party until the Transferee has paid the Price in accordance with the Additional agreement.

Class A Units obtained with the first 5 % of the aggregate amount will be held in escrow (while kept in the name of the applicable Account) to secure payment of the higher Initial Sales Charge applicable to the Units actually obtained in the event the full intended amount is not contributed before the LOI expires.

Restricted stock awards (RSA), also called incentive stock awards, are shares granted in your name as of the date of grant and held in escrow.

Closure Report: Complanant alleged Judge was not timely releasing escrowed funds; During the pendency of the Complaint the funds were released and the Complaint was withdrawn Docket Number: 16.039 Judge Name: Anonymous Canon Involved: Canon 3 (B)(8) Date of Disposition: 2/27/2017 (Dismissed) Closure Summary: Dismissed

Courts in Texas have commonly recognized the existence of fiduciary duties in the following relationships: Attorneys, employees, agents, escrow agents, insurance agents, holders of a power of attorney, corporate officers, joint venturers, executors and trustees, securities brokers, taxpayers, class representatives, mineral - rights holders, and condominium board members — just to name a few.

So, when the loan officer was setting up our escrow account and asked where we wanted to get our homeowners insurance, I immediately responded with the name of the company we get our car insurance through.

The initial 14 days presale auction is handled on OpenLedger account name ccedk.escrow2 by the emerging escrow services offered by CCEDK ApS, the registrar of OpenLedger — the world's first decentralized conglomerate.

Real Estate — The biggest thing with real estate is to provide current mortgage statements that show the amount owed, the amount in escrow (for taxes or insurance), the interest rate on the loan, and the name of the party primarily responsible for the loan.

A qualified escrow account is where your escrow agreement with the qualified intermediary expressly limits your rights to receive, pledge, borrow or obtain any benefits from funds held in the escrow account, but the funds are held in your name and not the name of the qualified intermediary.

We tied it up with a note that would be paid from the sales side of the commission (we are agents as well as contractors) We then had an architect that was just starting up and needing to make a name for himself draw change the exterior elevation and complete plans, agreeing to be paid at close of escrow.

Buyer acknowledges that Seller intends to perform a tax - deferred exchange transaction pursuant to Section 1031 of the Internal Revenue Code and Section 1.1031 of the Treasury Regulations and that Seller's rights, title and interest (but not obligations) pursuant to this [Insert Name of Purchase and Sale Agreement or Sales Contract or Escrow Instructions] will be assigned to Exeter 1031 Exchange Services, LLC, as Seller's Qualified Intermediary, for the purpose of completing Seller's 1031 Exchange transaction.

Seller acknowledges that Buyer is completing a tax - deferred exchange transaction pursuant to Section 1031 of the Internal Revenue Code and Section 1.1031 of the Treasury Regulations and that Buyer's rights, title and interest (but not obligations) pursuant to this [Insert Name of Purchase and Sale Agreement or Purchase Contract or Escrow Instructions] will be assigned to Exeter 1031 Exchange Services, LLC, as Buyer's Qualified Intermediary, for the purpose of completing Buyer's 1031 Exchange transaction.

Seller acknowledges that Buyer is completing a Reverse 1031 Exchange transaction, pursuant to Section 1031 of the Internal Revenue Code, Section 1.1031 of the Treasury Regulations, and IRS Revenue Procedure 2000 - 37, and that Buyer's rights, title and interest (but not obligations) pursuant to this [Insert Name of Purchase and Sale Agreement or Purchase Contract or Escrow Instructions] will be assigned to a new limited liability company formed by Exeter Reverse 1031 Exchange Services, LLC, as Buyer's Exchange Accommodation Titleholder, for the sole purpose of completing Buyer's Reverse 1031 Exchange transaction.

141 DOS 93 Matter of DOS v. Pozzanghera - salesperson can't own voting stock or be officer of licensed corporation (175.22); separate escrow account required (175.1); unlicensed name; illegal to claim or retain commission for services while not properly licensed; failure to pay judgment; failure to file termination of associate card; representative broker liable for illegal ads; revocation of broker's license discontinues salesperson's association per RPL § 441 - d

887 DOS 03 DOS v. Bravo - deposits; disclosure of agency relationships; failure to cooperate with DOS investigation; proper business practices; vicarious liability; broker failed to provide agency disclosure form; broker continued to do business under prior firm's name after association with that firm had been terminated; broker failed to deposit monies received by her into an escrow account; broker failed to respond to DOS letters; broker demonstrated untrustworthiness and incompetency by failing to follow up on the availability of an apartment in a rental transaction; broker failed to give a cash refund of a deposit received in cash upon tenant's demand therefore; corporate broker bound by the knowledge acquired by its representative broker; corporate broker's license and representative broker's license suspended for six months

107 DOS 98 Matter of DOS v. Sosis - subject matter jurisdiction; due process; failure to appear at hearing; proper business practices; deposits; fraudulent practice; DOS fails its burden of proof; DOS has subject matter jurisdiction if at the time the disciplinary proceeding was commenced by proper service of a notice of hearing and complaint the party was (i) licensed to engage in regulated real estate activities, or (ii) an applicant for either a license or for the renewal of a license to engage in regulated real estate activities, or (iii) eligible to automatically renew the prior license under the two - year limitation provision of RPL § 441 (2); ex parte hearing is permissible upon proof of proper notice of hearing; DOS has subject matter jurisdiction where party was licensed at the time proceeding was commenced and, where at time of hearing, although not licensed was eligible to automatically apply to renew pursuant to RPL § 441 (2); licensee operated a real estate brokerage business under an unlicensed name; licensee unlawfully retains deposit funds after deposit monies were delivered on the condition that same were to be disbursed only on the principal's consent and approval and said consent and approval was not given; licensee's illegal exercise of right of ownership over his principal's funds spawns conversion and constitutes a fraudulent practice; DOS fails its burden of proof to establish licensee failed to deposit trust funds in a segregated escrow account, engaged in fraud and changed business location without notice to DOS; restitution ordered in the amount of $ 1,900 plus interest, fine of $ 1,000 and any further application for licensure shall not be considered until applicant pays said fine and provides proof of payment of restitution

She writes up the deed with his / her / their name on it and mails that with the rest of the escrow docs to the seller.

The day after the lender wires the money, or «funds the loan,» the escrow company records all of the new information (buyers» names on title, the deed of trust / mortgage, etc.) at the county recorder's office and the buyers own the home.

128 DOS 93 Matter of DOS v. Vuksanaj - motion to conform pleadings to proof granted where (i) additional evidence wouldn't have been presented if the charge had been stated in the complaint and (ii) issue was actually litigated and was within the «broad framework of the pleadings»; broker's authorization to execute lease on behalf of landlord must be in writing to be valid (G.O.L. § 5 - 703); no commission earned on void lease (due to lack of written authority for broker to sign for landlord); broker is undisclosed «double agent» - thus «fails to make clear» for which party he is acting (NYCRR 175.7); broker is not «managing agent» under NYC Rent Stabilization Code unless (i) broker has ownership or financial interest in property or (ii) performs managerial duties; separate escrow account (§ 175.1) not required when broker is not holding escrowed funds; holding funds overnight does not trigger requirement for escrow account (returned next day upon demand); unlicensed name used in commission agreement but lack of intent to mislead considered in mitigation; restitution of unearned commission

870 DOS 08 Matter of David — salesperson; advertising on Craig's List without broker consent; dismissal, as was office policy to do so and no showing of requirement of prior knowledge of broker; misrepresentation of rent in advertisement; improper direct receipt by salesperson (RPL 442 - a); failure to use escrow account (RPL 175.1); unlicensed name (RPL § 441 [1][a]-RRB-; revocation; no reapplication unless refund $ 300 plus interest

871 DOS 08 Matter of Rodriguez — broker; unlicensed salesperson; post dated check with insufficient funds; failure to maintain escrow account (175.1); unlicensed name (RPL § 441 [1][a]-RRB-; relocation of office without approval (RPL § 175.20 [d]-RRB-; 6 - month suspension and refund $ 9,500 with interest

Execution of such a deal would require lots of wheels to work synchronously and you need to have good contacts and credibility with financial institutions where you would get equity and mortgages along with knowing the folks at escrow / title company first hand (by name).