Escrow Disbursement Order

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Education & Training with Rowlett Real Estate School LLC

The FREC will not issue an EDO if the funds are held in an attorney's escrow account or are being held by a title company. An EDO procedure is only available if the funds are held in a brokerage escrow account.

If the broker is informed in writing that the Commis­sion will not issue an EDO, the broker must utilize one of the other settlement procedures.
In such an instance, the broker must notify the Commission which settlement procedure will be used.

If the broker promptly employs one of the four settlement procedures and abides by the resulting order or judgment, a complaint may not be filed against the broker for failure to account for or deliver escrowed property (the broker has immunity from disciplinary action).

 

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Rowlett Real Estate School

Rowlett Real Estate School


For infomation on Rowlett Real Estate School and our classes in Panama City, Fort Walton, Pensacola and Destin, visit our website at www.rowlettrealestateschool.com .  Or give Captain Wayne a call at 850-547-1333

Rowlett Real Estate School is a full service Florida Real Estate School offering classroom training in Panama Ctiy Beach Florida and Destin Florida, Fort Walton Beach and Pensacola.  We offer a full line up of courses online and in classroom for all your Sales Associate and Broker real estate license requirements.
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