Real Estate Agent
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago on . Most recent reply

Taking pre-license course in FL. What does this mean?
Real Estate Express, pre-license 63 hour course, chapter 5, pg 10: "Escrow Accounts Deposited"
The area I can't understand is the bold and underlined.
Please forgive my ignorance, but I can't understand what's being said here. I asked the "instructor" via email earlier today but received no reply.
Please break it down into plain English, preferably using a real life example.