b'What is a Securities Escrow Account? This is an account set up at a bank or through a securities broker-dealer, that will hold investor funds until you achieve a stated milestone in your offering documents; such as raising your minimum offering amount. Your escrow agreement with the institution wont allow them to release the funds to you until this milestone is achieved. In the event you dont achieve it, they will wire the funds back to the depositors. You will be responsible for the costs associated with the wires (incoming and outgoing) and any escrow agent fees, which could be as much as $1,000.Using a securities escrow account can greatly enhance your credibility with investors, who may be nervous about sending funds directly to your syndicate or fund before you have achieved your minimum offering amount. This gives them assurance that if you never achieve the minimum, you cant use their funds and they will get them back without deduction. So, even though it can be costly to set up a securities escrow account, it may be worth it, especially for a fund that will hold investor deposits until they find a suitable property.Dont Let Investors Wire Their Funds to a Property Escrow Account! Can investors wire their funds directly to the property escrow account? No!Dont ever put a third party (the seller) in control of your investor funds by having investors wire them to the property escrow account directly. If something goes wrong with the deal, and theres a dispute over the escrowed 274'