Common use of FUNDS HELD IN ESCROW Clause in Contracts

FUNDS HELD IN ESCROW. When the company has funds remaining in escrow over 90 days after close of escrow or estimated close of escrow, the Company shall impose a monthly holding fee of $25.00 that is to be charged against the funds held by the Company.

Appears in 9 contracts

Sources: Agreement for Sale of Real Estate, Agreement for Sale of Real Estate, Sale Agreement

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