Are you confused or curious about escrow?



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Escrow is a legal arrangement whereby a thing (often money, but sometimes other property such as art, a deed of title, or software source code) is delivered to a third party (called an escrow agent) to be held in trust pending a contingency or the fulfillment of a condition or conditions in a contract. Upon that event occurring, the escrow agent will deliver the thing to the proper recipient, otherwise the escrow agent is bound by her or his fiduciary duty to maintain the escrow account. Read more on agent become escrow







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Real Estate News for YOU:

Philadelphia Inquirer, The - Letters | Solution for contractors' fraud is escrow
September 28, 2007 -- Re "2 Bucks contractors accused of conspiracy," Sept. 13: I am a lawyer, and funds held for clients must be segregated from operating...
 
Australasian Business Intelligence - Sparks fly on escrow expiry.
March 18, 2007 -- Mar 18, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Deutsche Bank has sold down its holding in Australian electricity distribution...
 
Market Wire - Inflazyme Pharmaceuticals Announces Escrow Closing of Private Placement
July 1, 2008 -- Inflazyme Pharmaceuticals Ltd. (NEX: IZP.H) announced today that it has closed in escrow a $300,000 non-brokered unit private placement (the...
 






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Extra Listings:

Real Estate Department How to Become A Licensed Agent
How to Become a Licensed Agent ... available in: sales - homes, condos, land, business or commercial - mortgage, escrow, title insurance, property...

A Career in Real Estate
...estate appraisal, loan officer, title or escrow officer ... To become a licensed agent you must: Complete a 3-unit Real Estate Principles...

How To Become a Successful Listing Agent.
"How to Become a Successful Listing Agent" By George Paukert ... they don't know who selects the lender, escrow company, appraiser, and why.

WASHINGTON STATE REGISTER
...the applicant, as well as any escrow officer seeking to become an escrow agent's designated escrow officer or designated branch escrow officer.

The Escrow Agent Role at Ballard Escrow
...of the Escrow Agent in a purchase and sale transaction? The Escrow (or Settlement) Agent is ... issues may be resolved before they become...



Escrow is not just a term for real estate. While escrow is best known in the context of real estate, escrow companies are also commonly used in the transfer of higher value properties like websites and businesses. It is even used in auction sites where two parties unknown to each other are making a transaction and there is no previous history. In addition there can be lawyer transactions with clients that involve escrow. Real estate agents are in some jurisdictions considered to act as escrow agents when they accept deposits for the purchase of real property.

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