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 escrow agency







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Real Estate News for YOU:

Market Wire - Baja Mining Closes Transaction With Korean Consortium in Escrow
June 3, 2008 -- Baja Mining Corp. (the "Company" or "Baja") (TSX: BAJ) is pleased to announce that the transaction with the consortium of Korean companies led by...
 
Canadian Corporate News - Nautilus Minerals Inc.: Escrow Release.
November 8, 2007 -- VANCOUVER, BRITISH COLUMBIA, Nov 8, 2007 (Marketwire via COMTEX) -- Nautilus Minerals Inc. (TSX:NUS)(AIM:NUS) (the "Company" or...
 
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.
 






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Extra Listings:

Affinity Title Agency, Inc.
A title insurance and closing and escrow agency. Property history searches for possible claims. Offices in New York City, Parsippany, NJ and...

Wells Fargo Home Mortgage - Glossary
Delivered to the seller, or an escrow agency, by the purchaser with the purchase offer as evidence of good faith. Also known as a deposit.

Andover Title & Escrow Agency
Employment. Andover Title & Escrow Agency believes that its greatest asset is its professional staff of title industry experts.

Andover Title & Escrow Agency
Full service title insurance company serving southeastern Michigan. Features services, agency profile, online ordering. Based in Southfield, MI.

Affinity Title Agency Inc, Parsippany, New Jersey,Full service title...
Full service title insurance and closing/escrow agency. Serving lenders, attorneys, realtors and homeowners throughout NJ, NY, PA and FL.



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.

Information on Escrow

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