revised escrow regulations

the real estate finance bureau has revised its regulations concerning the retention and release of funds escrowed in connection with the sale of a cooperative interest in realty (cooperatives, condominiums, etc.) by an offeror.  click on the links below to view a memorandum explaining these changes and unofficial versions of the revised regulations.

memo regarding faq for escrow regulations 2013

memo re changes to 13 nycrr parts 18-25

regulations concerning escrowed funds