Legal Question in Real Estate Law in Florida

Seller wants Buyer's deposit after inspection period. Can he appoint Escrow Agent as Power of Attorney to act on his behalf?


Asked on 7/03/15, 10:58 am

1 Answer from Attorneys
Barry Stein De Cardenas, Freixas, Stein & Zachary

Huh? Escrow agent is neutral and holds funds under the terms of the trust. Neither party can appoint the Escrow Agent as their POA to act on their behalf, it is contrary to the neutrality of the agent. You really need an attorney to discuss these matters with at this time.

Read more
Answered on 7/03/15, 1:06 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Florida