Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Do You Use a Lawyer for an Escrow Account?

16 Jul 2026 · 1 min

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When setting up an LLC, you can use your formation lawyer's escrow services, hire a third-party provider like a title company, or use a note-servicing company. Independent third-party providers are safest because they avoid conflicts of interest.

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So the escrow account, so that's basically the way I was, I was thinking about doing this. So yeah, through a lawyer, is that through a firm, a law firm? Not always, but often the lawyer who puts together— it's usually the same person who's going to do the LLC docs. They often have the ability to do escrow, they often have an escrow team. But like, there's a, there's usually a ton of third-party like note servicing companies, or the title company you're using may be able to facilitate. Usually there's a, there's an existing party that can do escrow. You just want to make sure that it's a third party to be the most Correct.