Multi-Family Escrow
Escrow for income property.
Multi-family deals carry existing tenants, leases, and deposits that have to transfer along with the title. We hold the funds and track those details so the income side closes as cleanly as the deed.
- Typical timeline
- 30–60 days
- Who it's for
- Investors & owners
- Languages
- English / Spanish
Multi-family deals carry more moving parts: existing leases, tenant deposits, rent prorations, and sometimes commercial financing.
We manage those details carefully so the income side of the property transfers as cleanly as the title does.
What we handle on your file
Beyond the deposit and the deed, we collect the existing leases and rent roll, prorate rent through the closing date, and transfer tenant security deposits to the buyer so they carry forward correctly. When the agreement calls for estoppel certificates, we coordinate getting them signed and returned.
If the buyer is using commercial or portfolio financing, we work with a lender process that often runs longer and asks for more, and we keep title and loan moving together toward one close date.
What to expect
These files have more parties and more documents than a single home, so the timeline tends to run 30 to 60 days. We keep a clear list of what's outstanding and who owes it.
The numbers matter here. We confirm the rent proration and the deposit credit on your settlement statement before signing, so the figures you close on match the rents and deposits actually in place.
How a multi-family escrow goes
Open & deposit
We open the file from the purchase agreement, deposit funds into a neutral trust account, and request the current leases and rent roll.
Leases, estoppels & due diligence
We collect the existing leases and, where the contract requires them, estoppel certificates confirming each tenant's terms, rent, and deposit.
Financing & title work
We coordinate with the lender, which for income property is often a commercial process, and with the title company to clear title and any liens.
Prorations & deposit transfer
We prorate rents through the close date and credit the buyer for the tenant security deposits, then confirm those figures on the settlement statement before signing.
Funding & recording
The loan funds, the deed records with the county, and we disburse proceeds. The buyer takes over as owner of record with the deposits accounted for.
What you'll need
- Government-issued photo ID, or entity documents if you hold in an LLC
- Signed purchase agreement
- Current leases for every unit
- Rent roll and the security deposit ledger
- Lender and loan officer contact (often a commercial lender)
- Existing service contracts that carry forward, if any
- How you'll hold title (vesting or entity information)
- Loan payoff information, if you're selling
- Wiring instructions confirmed with us by phone
Common questions
Related services
Residential
Buying or selling a home, with a neutral party holding funds and documents until every condition is met.
Refinance
A new loan on a property you already own, handled with clear timelines and steady updates.
New Homes
Builder purchases and the specific paperwork that comes with them, tracked so nothing slips.
Ready to open an escrow?
Send us the basics and we'll route your file to the right officer. Have an agent already? They can open it for you in a few minutes.