Attorney Escrow Agreement New York

(jointly «defendants») released approximately $2.1 million of the claimant`s funds and that those funds were paid to other clients or third parties of the defendant without the applicant`s authorization and without ensuring that mortgages on certain immovable property were accounted for in the claimant`s name up to the total amount of the applicant`s loan and investment, 1994, 1995, 1995 Can the lawyer disclose the fund to his client, the seller, after making an affidavit attesting to the municipality`s decision not to assess? No no. The lawyer is bound by the trust agreement and cannot release the fund without the informed agreement of all parties….