Castler closes Pre-Series A funding of $6 Million led by Flipkart, Capital 2B, IIFL Fintech Fund, Venture Catalysts & Zerodha

How does lease escrow work?

Lease escrow works by having a third party, such as Castler, hold funds on behalf of the landlord and tenant. When the tenant pays rent, the funds are deposited into the escrow account.