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

What are the risks of using escrow for landlords?

There are a few risks associated with using escrow for landlords, including:

Cost: Escrow can be costly for landlords. There are typically fees associated with setting up and maintaining an escrow account.
Delays: There can be delays in getting rent payments or security deposits back when they are held in escrow.
Mistakes: Mistakes can happen when handling escrow accounts. This could lead to problems for both landlords and tenants.


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