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 burrow escrow







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Real Estate News for YOU:

Avanti Mining Announces Early Release of Escrow Securities (CCNMatthews via Yahoo! Finance)
VANCOUVER, BRITISH COLUMBIA-- - Avanti Mining Inc. announces it has made the necessary filings for the release from escrow of 1,012,497 Avanti common shares , effective July 13, 2009.
 
Real estate goes through roof in China (UPI)
BEIJING, July 3 (UPI) -- Real estate prices in major cities in China have suddenly gone from bust to boom, a leading real estate expert said.
 
Owings Mills builder pleads guilty in escrow case (Baltimore Sun)
JAE Developers owners took escrow deposits for personal/business use, AG office says The owners of an Owings Mills homebuilding company have pleaded guilty to failing to hold in escrow more than $225,000 in deposits for new homes, the state Attorney General's office said today.
 






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Extra Listings:

California Escrow Association / CEA
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8630011::BURROW ESCROW CO.::::180 NEWPORT CENTER DRIVE, SUITE 265:
8630011::BURROW ESCROW CO.::::180 NEWPORT CENTER DRIVE, SUITE 265::NEWPORT BEACH::CA::92660:::: -::::Escrow (Branch) 8630049::D & G ESCROW...

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Web Directory
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Pickford Escrow Company, Inc. - Laguna Niguel - Pamela Teal
Pam then went to work with Burrow Escrow Co. in Santa Ana and Orange California. During her employment with Burrow Escrow Co., she was promoted...



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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