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Texas Property Code - PROP § 62.105. Term of Escrow Account

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The amount held in escrow shall be held in escrow until:

(1) the rights of the parties claiming the amount in escrow are determined by a written agreement of the parties, a court order, or an alternative dispute resolution process agreed to by the parties;

(2) the broker's lien is no longer enforceable;  or

(3) the funds are interpled into a district court for the county in which the commercial real estate is located.

Cite this article: - Texas Property Code - PROP § 62.105. Term of Escrow Account - last updated April 14, 2021 |

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