Tax & Insurance Funds Ownership Acknowledgement

This form confirms who will manage and be responsible for property tax and insurance funds—especially critical in subject-to or creative finance deals. Keeps both parties aligned on financial duties.

Key Features

  • Escrow responsibilities clearly laid out
  • Reduces future confusion or finger-pointing
  • Ideal for deals with mortgage wraparounds or servicing
  • Editable and easy to reuse

Use Cases

  • Creative or hybrid deals
  • Partnerships or seller financing
  • Self-servicing vs. third-party servicing agreements
  • Risk management for both parties