JK Closing Attorneys, PLLC serves as escrow agent for rental deposits across Florida. We hold funds in trust, issue escrow letters upon completion of our requirements, and disburse upon lease execution or association approval.
Four steps from deposit to escrow letter. Do not skip steps โ we cannot issue an escrow letter until all requirements are met.
Fees are based on the total deposit amount held in escrow. Fees are deducted from the deposit if not paid separately prior to disbursement.
| Deposit Amount | Administrative Fee |
|---|---|
| Up to $2,500.00 | No Fee |
| $2,500.01 โ $4,999.99 | $50.00 |
| $5,000.00 or more | $100.00 |
Penalty fees: Sending excess funds = $25.00 fee. Failing to provide CTL within 3 days of deposit = $25.00 fee. These amounts are deducted before return of funds.
Funds are released upon one of the following, as specified in the signed Escrow Agreement:
Choose the method that works best for you. All payments must be in the exact deposit amount โ do not send more than one month's rent or Realtor Commission Amount.
Ready to receive your commission? Submit your disbursement instructions and choose between wire transfer (if your brokerage is on file) or check by mail.
Complete this form to open a rental escrow file with JK Closing Attorneys. Once received, our rental department will reach out with next steps including the escrow agreement for tenant signature.
Fields marked * are required. This form is for realtors and agents submitting on behalf of a transaction.
Reminder: Submitting this form does not open a file. A file is opened only after the Rental Escrow Agreement is signed by the tenant and funds are received. You will be contacted by our rental department with next steps.
Note: Our Rental Escrow Agreement is required on all transactions regardless of whether a CTL is provided. After submitting this form, our rental department will send the tenant a link to sign the escrow agreement digitally before we open a file.
Accepted: PDF, DOC, DOCX, JPG, PNG ยท Max 10MB per file