Affiliations

 
 

 






Escrow Disputes

An Escrow acts as an agent for both the buyer and seller in a transaction (or lender and borrower).  The Escrow Company has a duty to comply precisely with the written instructions.  Sometimes both parties to an escrow give conflicting instructions to the Escrow Company.  If this happens, the Escrow company can not follow the instructions of one party without the permission of the other party.  To solve an escrow dispute, both parties to the escrow must instruct the escrow holder to do the same thing.  If a dispute arises concerning a purchase contract, frequently the deposit gets stuck in escrow because both parties are giving conflicting instructions to the escrow holder about what to do with the deposit.  Typical Real Estate Purchase contracts contain mediation clauses which require the parties to resolve disputes using mediation or other form of ADR (Alternative Dispute Resolution).  Failure to comply with the mediation requirement can result in forfeiture of the right to recover attorney's fees.  We handle all kinds of escrow disputes.