Tag Archives: escrow

UT: Pleasant View residents angry over missing park for subdivision

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

West View subdivision residents, frustrated over a promised park, demanded answers from the city council recently and were upset to learn the escrow funds for the subdivision had already been released to developer Don Jones.
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AZ: Couple lost $150,000 on Centerpoint condo deposit

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

The Markses paid $5,000 in earnest money, which is non-refundable. Later, when they signed the papers for hard money, they put $144,900 in escrow that was released to the builder for construction, which was written in the contract
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