Escrow Hub — Reference Section
Design System v2 · StandaloneEscrow Hub
Verifying funds receipt with your bank…
Escrow Hub
Unable to confirm funds receipt — action required
Funds receipt could not be confirmed
The bank webhook reported a wire amount of $847,500 but your sale contract shows $850,000. This may indicate a closing-cost deduction. Open1031 has paused Escrow Hub access pending QI review.
What happens next
Escrow Hub
Your exchange proceeds are held in a qualified escrow account — fully segregated and under your control.
Your sale proceeds are in a qualified escrow account — legally separate from your QI's operating funds, as required by IRS §1031. You earn interest daily until your replacement property closes. Your QI deducts their fee at closing, not upfront.
Neela guides and drafts. She never moves, holds, or releases your funds — that takes multi-party approval.
Always verify wire instructions by phone before sending. Wire fraud is common in real estate. Call the number on your QI agreement — not a number from an email.
Review the account details above, then confirm to proceed.
CertifID verifies your closing agent's banking identity before any funds move. Takes under 2 minutes for your agent.
Tab 2 content — see State B below for the full Verify Originator view.
Tab 3 content — see State C below for the full Acknowledge Receipt view.
Escrow Hub
Verify your closing agent's identity to prevent wire fraud.
Wire fraud is the #1 real estate crime. CertifID confirms your closing agent's banking credentials and eliminates spoofed wire instructions. Recommended for all exchangers — takes under 2 minutes.
CertifID Originator Verification
RecommendedYour closing agent receives a secure link to verify their banking identity. Open1031 confirms the match before any funds are released. Eliminates wire fraud risk at the source.
My closing agent has their own verification process
Skip CertifID — you confirm your closing agent's wire instructions are verified through their own institution. You accept responsibility for wire-fraud prevention.
CertifID invite will be sent to:
Sarah Nguyen
Coastal Title & Escrow · sarah.nguyen@coastaltitle.example
From your purchase contract — edit if incorrect
CertifID invite not yet sent
Click the button above to send the secure link to your closing agent
Send the CertifID invite and wait for your closing agent to complete it, or select the manual option above.
Escrow Hub
All verification steps complete — acknowledge receipt to finalize.
CertifID Verification Complete
Sarah Nguyen at Coastal Title & Escrow has been verified — wire fraud risk eliminated for this transaction.
Relinquished property
456 Sunset Blvd, Los Angeles CA 90028
Sale price: $850,000 · Closed Jun 25, 2026
Identified replacement property
789 Ocean Ave, Santa Monica CA 90401
Identified FMV: $850,000 · 3-Property Rule
Exchanger
Matt Belcher
Qualified Intermediary: Open1031, Inc.
By acknowledging receipt, you confirm that: (1) you have received and reviewed the qualified escrow account details; (2) your QI is serving as the Qualified Intermediary of record under IRC §1031 and Treas. Reg. §1.1031(k)-1; (3) you have not had actual or constructive receipt of the exchange funds held in escrow; and (4) the wire instructions above are accurate to the best of your knowledge.
Escrow Hub
Your exchange funds have been confirmed and acknowledged — escrow is active.
Escrow Hub Complete — $850,000 confirmed in qualified escrow
Your funds are safe, segregated, and earning interest. Your 45-day identification window started on the day you transferred the relinquished property. Next: identify your replacement properties in the ID Hub.