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Categories faq: Lease Rental Discounting Escrow

What are the tax implications of using Escrow for lease rental discounting?

The tax implications of using Escrow for lease rental discounting will vary depending on the individual’s or business’s tax situation. It is important to consult with a tax advisor to determine the specific tax implications.

What happens if the landlord defaults on their payments?

If the landlord defaults on their payments, Castler will typically contact the landlord to try to collect the payments. If the landlord is unable to pay, the Escrow company may release the funds from Escrow to the tenant.

What happens if the tenant defaults on their payments?

If the tenant defaults on their payments, Castler will typically contact the tenant to try to collect the payments. If the tenant is unable to pay, the Escrow company may release the funds from Escrow to the landlord.

What happens if I have a dispute with the Escrow company?

If you have a dispute with the Escrow company, you should contact the company directly to try to resolve the issue. If you are unable to resolve the issue with the company, you may be able to file a complaint with the state or federal government.