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 albuquerque escrow
Real Estate News for YOU:
Lucia Mar finalizes purchase of Oceano center (Arroyo Grande Times Press Recorder)
The Lucia Mar Unified School District is the official owner of the Oceano Community Center. The district closed escrow on the $1.7 million property this week, essentially assuring the embattled center’s future for years to come.
Market Wire - Equastone Double Escrows Office Building in New Orleans
August 20, 2008 -- Equastone, a private real estate investmentfirm based in San Diego, California, has completed a double escrow of theMcGlinchey Stafford building...
Bellingham Business Journal - Church joins First American Title and Escrow
June 1, 2008 -- [ILLUSTRATION OMITTED] Dee Ryan Church has joined First American Title and Escrow as a senior escrow officer. Dee has more than 28 years'...
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Extra Listings:
Escrow Service in Albuquerque, NM
Escrow Service in Albuquerque, NM...
Weststar Escrow Inc - Albuquerque , NM
Weststar Escrow Inc Weststar Escrow Inc 6200 Uptown Blvd NE #110 Albuquerque , NM 87110-4160 Phone: 505-883-0332
Title Companies in Albuquerque, NM
Albuquerque, Escrow Companies Albuquerque, Escrow Services Albuquerque, Title Insurance Business Albuquerque, Settlement Service Albuquerque...
Albuquerque New Mexico Escrow Services
Albuquerque New Mexico Escrow Services Escrow Services in Albuquerque...
Rip Off Report:Sharebuyers Ie:John Davis (aka Spoosale On Yahoo...
Only wants Credit Card or Wire Transfer, no escrow services. ripoff Albuquerque New Mexico *UPDATE ..DON'T send money!
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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As you search for albuquerque escrow remember we update our site regularly. Be sure you understand the terms in any legal agreement for your own protection.
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