Revised Escrow Regulations

The Real Estate Finance Bureau has revised its regulations concerning the retention and release of funds escrowed in connection with the sale of a cooperative interest in realty (cooperatives, condominiums, etc.) by an offeror.  Click on the links below to view a memorandum explaining these changes and unofficial versions of the revised regulations.

Memo Regarding FAQ for Escrow Regulations 2013

Memo re Changes to 13 NYCRR Parts 18-25

Regulations Concerning Escrowed Funds

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