Case of the TBD Escrow Agent
A dispute over a late escrow deposit centered on one missing contract detail: the seller never named the escrow agent. This case shows how leaving an escrow agent listed as “TBD” can turn a simple deadline issue into years of litigation and attorney fees.Recent Posts
Palm Beach County again OKs Related Ross convention center hotel deal after residents’ lawsuit
$323M West Palm bulk condo buyout jammed, as investor strikes $180M deal nearby
Football hall-of-famer Fran Tarkenton buys Palm Beach mansion for $52M
Netscape’s Jim Clark buys Palm Beach estate for $100M
Memphis Grizzlies’ Cameron Boozer picks up waterfront Coral Gables home
Broward County hears crickets in move toward data center freeze
OKO, Oak Row’s Brickell supertall to bear Aman’s new ATMA brand that counts Novak Djokovic as partner
Romanian developer joins Fortune on Ora by Casa Tua condo-hotel, injecting $43M as JV partner
The Altman Brothers expands to South Florida as Californians relocate
Florida’s migration advantage is changing — but income still flows in
