Rera News

Can you withdraw money from the Escrow Account?

Can you withdraw money from the Escrow Account?

Funds in the escrow account are released only when certain conditions of the contract are met. Since access and use of funds is not subject to any party, escrow money is not a guarantee of an acceptable asset or collateral loan.

Related FAQs

How many floors can be built in Hyderabad?
If the permitted 3 floors are built as planned, no…
Read More
How many floors can be built in a grama panchayat?
According to building rules, grama panchayats can issue building permits…
Read More
Can parking be sold under RERA?
The RERA only talks about cover parking space but there…
Read More
Can you withdraw money from the Escrow Account?
Funds in the escrow account are released only when certain…
Read More
What is the validity of the registration granted by RERA?
RERA registration is valid for the period announced by the…
Read More
Can one developer sell a project in the middle to another developer?
Yes. A developer may sell a real estate project to…
Read More

Latest RERA News

View More

© 2023 Rera News. All rights reserved.