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[Q] Do Regional Centers return investor's money deposited in the designated escrow if I-526 is denied?


[Q] I know most, if not all Regional Centers, require that you deposit the requisite funds in the designated bank escrow accounts. Does this money get refunded to the investor in the event I-526 is denied?

Yes, the escrow agreement contains a provision mandating that the money be released from the escrow account directly to the investor in the event of i-526 denial. Therefore, the money does not even go to the Limited Partnership's account; the money is released directly to the investor from the escrow account.