[blindlaw] A quick question

[Marcos Rodrigues]

Thanks Rob, it helped a lot.	
Marcos Rodrigues
mrodrigues81 at hotmail.com



Em 18/04/2013, às 10:24, Rob Tabor escreveu:

> Hi, Marcos and list.
> 
> I'm not familiar with the "rent withholding act" that you mention, but in
> general an escro account is a dedicated bank account in which the account
> owner's sole purpose is  to transmit funds to another party at a specified
> time. The most common type of escro account is used by a home-owner whose
> property is under mortgage to ensure that homeowner's insurance premiums and
> property tax liabilities are paid promptly as they come due. Similarly, a
> small business owner may create an escro account to ensure that payroll
> taxes including FICA (Social Security) withholding, unemployment insurance
> contributions, etc. are paid to the state and Federal governments on time. I
> hope this helps to explain the role and purposes of escro accounts, but
> please feel free to ask any follow-up questions if you need further
> clarification.
> 
> Best regards,
> Rob Tabor
> 
> -----Original Message-----
> From: blindlaw [mailto:blindlaw-bounces at nfbnet.org] On Behalf Of Marcos
> Rodrigues
> Sent: Wednesday, April 17, 2013 8:07 PM
> To: Blind Law Mailing List
> Subject: [blindlaw] A quick question
> 
> Good evening:
> 
> Can someone explain me what is a escrow deposit under the Rent Withholding
> Act?
> 
> I am trying to figure out what kind of deposit is this but am not sure.
> 
> Cheers.
> Marcos Rodrigues
> mrodrigues81 at hotmail.com
> 
> 
> 
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