When may disbursements be made for the escrow account in the case of dealer installation?

Disbursements from an escrow account in the context of dealer installation are typically made after the installation has passed inspection. This procedure ensures that all work has been completed according to the relevant standards and regulations before any funds are released. The approval from an inspection serves as a quality assurance checkpoint, confirming that the installation meets safety and compliance standards. Releasing funds only after this inspection helps protect the buyer by ensuring that the completed work is satisfactory before any further financial commitments are made.

This approach also aligns with standard industry practices, which emphasize the importance of verifying that installations are done correctly before proceeding with financial transactions, ultimately fostering trust between parties involved in the transaction.