QUESTION
can a title company invest the seller disbursement overnight and hold his money?
Asked on Feb 06th, 2020 on Trusts and Estates - Florida
More details to this question:
can a title company invest the seller disbursement overnight and hold the seller's money for days?
1 ANSWER
James D. Eckert
No. As a practical matter, the disbursement can be held overnight in a non-interest bearing account and be made available the next day.for disbursement
Answered on Feb 07th, 2020 at 7:21 AM