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IC 27-7-3.7 – Escrow Transactions in Real Estate Transactions | Midpage
Collections
Indiana Code
Title 27
7
Chapter 3.7
IC 27-7-3.7
Escrow Transactions in Real Estate Transactions
1
"Closing agent"
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"Escrow account"
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"Escrow transaction"
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"Good funds"
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"Real estate transaction"
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Funds received in escrow transaction to be deposited in escrow account; exception
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Disbursements; requirements for funds of at least $10,000 received from single party
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Disbursements; requirements for funds less than $10,000 received from single party
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Mortgage holder's right to receive proceeds from real estate transaction through funds electronically transferred to specified account
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Advance of fees from escrow account to pay incidental fees