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 california escrow
Real Estate News for YOU:
Fresh & Easy market in Oak Park: On hold? (The Sacramento Bee)
The Fresh & Easy Neighborhood Market chain has taken a big step toward moving into Oak Park, closing escrow last week on a vacant parcel at Broadway and 34th Street. But it's not at all clear how quickly the British-owned firm will build and open that store, along with 18 additional outlets planned for the Sacramento area and dozens more throughout Northern California. The company's push into ...
Moody's: Commercial real estate prices rise (AP via Yahoo! Finance)
Commercial real estate prices increased in September, according to Moody's/REAL Commercial Property Price Indices, Moody's Investors Service said Wednesday.
Reeling Buyers for Your Fort Lauderdale Real Estate (Turks.US)
The Fort Lauderdale real estate is always been a market of good potential. The short sale in the real estate market has long been a big upgrade for people who want to get value for their Fort Lauderdale homes.
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California Escrow Association / CEA Links
All contents of this web site are TM / Copyright 2001-2004 California Escrow Association...
Aliso Escrow Inc.
1997 Aliso Escrow, Inc. real estate, escrow, california, ventura, ventura county, southern california, settlement agent, title, title...
California Escrow
Understanding California Real Estate Escrow...
California Department of Corporations - Escrow Law
...escrow agents in California. Escrow agents, joint control agents and Internet escrow agents are subject to the provisions of the Escrow Law.
CEA California Escrow Association
Professional organization for escrow officers in the state of California...
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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