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![]() "Peter Dohm" wrote There may well have been a difference between escrow held by a third party (broker) and escrow held directly by a vendor. If it is not held by a third (bonded) party, then it is not escrow. That fact (or definition) has not changed in the last 100 years. The person holding the money may call it escrow, but if there is not an impartial third party in direct control of the money, such as an accountant or lawyer, your money is not safe from a grab. Bede has been proof of that. -- Jim in NC |
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