Sentences with phrase «of escrow funds»

If one recipient of escrow funds lets you know that a payment is overdue, call the others that are supposed to be paid from your escrow account.

Your lender compares what you pay into escrow against actual and projected costs for taxes and insurance, and provides an annual accounting of escrow funds collected and spent.

Tax and insurance bills should be sent to the lender who will pay them out of the escrow funds collected.

After release of the escrow funds, the Company has remaining claims of approximately R$ 2.8 million that will be pursued against assets held by the defendants in Brazil

The real estate transaction closed, and the Brokerage retained the entire amount of the escrowed funds as its commission.

Escrow Disbursements The use of escrow funds to pay real estate taxes, hazard insurance, mortgage insurance, and other property expenses as they become due.

If one recipient of escrow funds lets you know that a payment is overdue, call the others that are supposed to be paid from your escrow account — for example, state or county governments for property taxes, insurance companies, or homeowners associations — to make sure the funds are being transferred in a timely way.

We have also represented real estate agents accused of unethical conduct in the listing and sale of real estate before the Department of Consumer Protection — Real Estate Division, insurance brokers accused of improper handling of escrow funds before the Insurance Commission, and various other professionals before the State Architectural Licensing Board, the State Board of Examiners for Professional Engineers, the Banking commissioner, and the State Board of Examiners for Nursing.

Since the Debtors could have claimed half of the escrowed funds if the buyers had defaulted, the Creditor argued it should have been able to garnish the deposit.

The Creditor sought entry of a judgment that the Creditor was entitled to recover the amount of the escrowed funds from the Brokerage.

At that time, the Brokerage sent the Buyer a letter advising the Buyer that the Sellers had requested release of the escrowed funds and the Brokerage sought the Buyer's consent to release the funds to the Sellers.

According to FHA.gov, you may be required to furnish «mortgagor's acknowledgement of satisfactory completion... mortgagee's inspection report (s), change orders, mortgagee accounting of the escrow funds, and record of disbursements.»

Escrow Disbursements The use of escrow funds to pay real estate taxes, hazard insurance, mortgage insurance, and other property expenses as they become due.

The trial court had awarded the Buyer the entire amount of the escrowed funds, determining that the Buyer was entitled to receive the entire loss caused by the fiduciary duty breach.

Acknowledgement of the transfer - of - ownership and release of the escrowed funds — when the transfer of the policy's ownership is completed and recorded by the insurance company, the insurer sends confirmation to the client and the life settlement provider (the new policy owner).

The Sellers» attorney sent a letter to the Licensee requesting the release of the escrowed funds.

The Licensee also claimed that he did not release the funds because the letter from the attorney demanding release of the escrowed funds was not signed by the Sellers and the buyers, as required by the escrow agreement.

Looking at the relevant law, the court found that a writing delivered to the escrow agent by the party's attorney is sufficient to authorize the release of the escrowed funds.

The contract, along with any additional instructions, serves as instructions for the escrow officer in terms of accounting for Escrow and release of Escrow funds.

The escrow instructions in the purchase agreement stated that if the conditions for release of the escrow funds were not complied with, the escrow agent was to wait until such conditions were complied with unless one of the parties made a written demand for cancellation of the escrow and the distribution of the escrowed funds.