2006-07-14 14:48:49 · 9 answers · asked by missy 1 in Politics & Government ➔ Law & Ethics
Does a client stand a chance of losing his money? And what measures can be taken if the lawyers use it other than for the purpose it was intended?
2006-07-14 14:57:14 · update #1
escrow dumbass
2006-07-14 14:52:03 · answer #1 · answered by Who cares 5 · 0⤊ 0⤋
Escrow
2006-07-14 21:51:18 · answer #2 · answered by nitehawk8075 3 · 0⤊ 0⤋
The money is put into an escrow account.
The lawyer can use the money for no other purpose than as a deposit on the property. You may lose the deposit, if it is stated in the purchase papers as a non-refundable deposit.
2006-07-14 22:05:07 · answer #3 · answered by rb_cubed 6 · 0⤊ 0⤋
earnest money to bind a contract is placed in escrow by the attorney. It is normally held in an escrow account at some bank.
2006-07-14 21:55:58 · answer #4 · answered by sawmill 3 · 0⤊ 0⤋
Whenever money is put to the side during business matters, it is called Escrow.
2006-07-14 22:09:02 · answer #5 · answered by Yahoo answer dude 3 · 0⤊ 0⤋
Escrow rules!!
2006-07-14 21:52:17 · answer #6 · answered by Scarp 3 · 0⤊ 0⤋
earnest money. If you are just talking about the small amount to bind the contract.
2006-07-14 21:52:51 · answer #7 · answered by AZ Ian 2 · 0⤊ 0⤋
escrow
2006-07-14 21:52:23 · answer #8 · answered by lockesmith 6 · 0⤊ 0⤋
is it escrow?
2006-07-14 21:51:26 · answer #9 · answered by Anonymous · 0⤊ 0⤋