Video Summary
What is a split refund? I believe this. What your question relates to is, as far as an escrow deposit is concerned, the escrow deposit is where the parties are disputing it, who is entitled to it, and so usually they settle on it and then each party’s received a portion of it, so they split the refund as far as that’s concerned, but sometimes it could be a split refund as far as two different parties that sold the property and they’re each entitled to half or a portion of an insurance refund check or an escrow reimbursement, or any other monies that come into the as a result of the sale of property. If you have any questions, give me a call at (727) 847-2288.