Escrow accounts

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Arthur Rubin
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Escrow accounts

Post by Arthur Rubin »

Escrow account: special bank account into which escrow monies are deposited and from which they are disbursed. Lawyers, politicians, and real estate brokers maintain escrow accounts to hold money in trust.
I'm curious where you got that quote, beause I can also confirm that politicians do NOT use excrow accounts, as specified. There are trusts and blind trusts, but not "escrow".
Arthur Rubin, unemployed tax preparer and aerospace engineer
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webhick
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Re: Escrow accounts

Post by webhick »

The discussion on escrow accounts was restarted in the Off-topic forum:

http://quatloos.com/Q-Forum/viewtopic.php?f=11&t=4301
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