Other account one is in own name, but for strange calculation maintained account. The owner of the other account one administers this on trust for third. Assets on other accounts fall with insolvency of the trustee not into its estate and are particularly protected therefore.

Other accounts are led as a rule by attorneys, notaries, insolvency or official receivers.

The anwaltliche occupation right puts strict yardsticks to the treatment of strange money. If the lawyer recognizes that he (directly for what reason) the strange money not to pass on can, then he must put on other another and transfer the money to this. For smaller individual amounts also the guidance of collecting other another is permitted.

With real estate businesses it can be contractually agreed upon that the purchase price is paid by the buyer first on notary other another. Thus the premature loan disbursement (fixing the value of) is made possible for purchase price completion, as long as the land charge is not yet registered. The notary carries the guarantee for the appropriate use of the funds (order for trust).

See also: Escrow

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