Conflicting Demands

Definition: In escrow, incompatible demands from different parties claiming entitlement to the same entrusted funds or property.

Example

After a failed sale, the buyer demands the deposit back while the seller demands that the broker release it to the seller.

Keep the distinction clear

A broker should follow the required notice and settlement procedures instead of deciding entitlement based on personal preference. Rules depend in part on who actually holds the funds.

Related terms

Escrow Disbursement Order (EDO) · Interpleader · Mediation

Keep studying

Florida Escrow Deposits: Associate and Broker Deadlines

References: Florida Statutes 475.25: discipline and escrow disputes

Pronunciation (US): kun-FLIK-ting dih-MANDZ (capitals show stress)

Pronunciation reference: Merriam-Webster