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 continental escrow
Real Estate News for YOU:
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...
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'...
Before budgeting, remember who has to pay (Independent Press)
Recently, our fourth quarter property taxes were due. For those of us who pay directly (not via escrow), it's a meaningful day. Altogether this year you and I remitted $108 million to City Hall ($4.7 million more than 2007, a...
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Extra Listings:
SUMMIT v CONTINENTAL (Escrow Duty)
SUMMIT v CONTINENTAL (Escrow Duty) 2002 CalLEX 1304 [See: Summit v Continental 87 CA4 1379, T/AT 501; Biakanja v Irving 49 C2 647;
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8630011::BURROW ESCROW CO.::::180 NEWPORT CENTER DRIVE, SUITE 265:
ESCROW CORPORATION::::750 TERRADO PLAZA, #222::COVINA::CA::91723::818::960-8557:...
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 continental 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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