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How and where to open an escrow account- GA Landlord
Ill be helping my father-in-law manage a property he has near Hinesville GA.
Since I'll be charging a fee for helping him, from what I can tell he needs to put the security deposit in an escrow account.
I've seen A LOT of mixed answers. Claims that its just a checking account and noted escrow and so many other conflicting instructions.
Has anyone dealt with this? What bank, type of account, and does he open it in his name(he won't be starting a business for this single property).
Appreciate any and all feedback