Question about escrow money

[Alan Dell]

Hi, in the state of Florida (Miami Dade), my client is renting his apartment and we already have the offer/contract accepted, where does the escrow money go? A bank account? a title company? I am a new realtor and this is my first rental, thanks for your help

[Andrew Bang]

You have an offer/contract accepted to buy the apartment?   Most of the time, you drop off the escrow money at the title company. They hold escrow.   Some cases, if its an assignment, the wholesalers will ask to hold the escrow money