Current as of April 14, 2021 | Updated by FindLaw Staff
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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: FindLaw.com - Texas Property Code - PROP § 62.105. Term of Escrow Account - last updated April 14, 2021 | https://codes.findlaw.com/tx/property-code/prop-sect-62-105.html
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