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 agreement sample







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Real Estate News for YOU:

Hefty pay raises in troubled times on campus (San Francisco Chronicle)
The chancellor and governing Board of Trustees of the California State University system have continued to award hefty pay raises to top administrators this year even as the university moves toward capping student enrollment and slashing campus budgets....
 
Australasian Business Intelligence - Sparks fly on escrow expiry.
March 18, 2007 -- Mar 18, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Deutsche Bank has sold down its holding in Australian electricity distribution...
 
Almaden Minerals Ltd. Announces Closing of Private Placement (Marketwire via Yahoo! Finance)
Almaden Minerals Ltd.(NYSE-A: AAU) announces that it has closed in escrow a Private Placement of 86,000 Units at a price of $0.70 per Unit. Each Unit will consist of one flow-through common share and one non-flow-through common share purchase warrant entitling the holder to purchase one additional non-flow-through common share at a price of $1.00 per share for a period of 1 year from the Closing.
 






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Extra Listings:

All About Escrow and Real Estate Closings
A complete escrow and real estate closing source for homebuyers, sellers, and realtors. Authoritative answers on escrow, title insurance, financing,

Trademark Escrow - Sample Agreement
Download a .zip file containing a sample escrow agreement & fee schedule in MS Word format Back | Home...

Oregon Sample Escrow Agreement 2nd draft
ESCROW AGREEMENT This Escrow Agreement is made and entered into this _____ day of _______, 2002, by ___________________ (the .Company.) and_

Software Development Escrow - Sample Agreement
Download a .zip file containing a sample escrow agreement & fee schedule in MS Word format Back | Home...

Oregon Sample Escrow Agreement 9/26/03 Draft
ESCROW AGREEMENT This Escrow Agreement is made and entered into this _____ day of _______, 2003, by ___________________ (the .Company.) and_



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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