Legal Question in Real Estate Law in Florida

what happens when one buyers down payment designated for escrow for property X is deposited in escrow of property Y that belongs to some body else


Asked on 11/16/11, 8:51 pm

1 Answer from Attorneys
Stephen Orchard Law Offices of Stephen Orchard

Escrow agents have strict fiduciary duties to keep funds segregated. Plainly speaking, the agent cannot simply allocate one individuals funds for the benefit of the other.

You should immediately speak with an attorney about this situation.

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Answered on 11/16/11, 9:21 pm


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