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 international







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Real Estate News for YOU:

Market Wire - Waverley's Escrowed Shares Transfered
May 2, 2008 -- Waverley Biotech Inc. (TSX VENTURE: WVE.P) today announced that a transfer within escrow of 756,667 common shares of the Company which are subject to...
 
QUICK POLL (GlobeSt.com)
EL SEGUNDO, CA-Saber Realty Partners of Los Angeles has acquired a 32,586-sf industrial building here that was vacant when the company went under contract with it, but Saber filled the entire building during escrow when the Aerospace Corp. signed a 10-year, triple-net lease for the property.
 
Eagle Trace developers accused of misusing $474K; one says Ira Hatch advised him (Vero Press Journal)
Eagle Trace developers Richard F. Rendina and Stephen Siegel took $474,410 in home deposits from their company's escrow account and used it to pay subcontractors and bills, according to a Sheriff's Office complaint affidavit.
 






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Extra Listings:

NCC Escrow International Deutschland GmbH
NCC Escrow International Deutschland GmbH Escrow - ein Sicherheitskonzept setzt sich durch.

Escrow Europe | INTERNATIONAL | Tel. +31 20 620.7151
Escrow Europe B.V. - the leading technology escrow-agent in continental Europe with over 15 years experience and 8 offices across Europe, Israel and...

EC21 - Buron Escrow International Services - Company Info
Inquiry Basket( ) Sign In Join Free Help ... Company Info. Trade Leads. Buron Escrow International Services [ Company Profile ]

NCC Escrow International Deutschland GmbH
NCC Escrow International Deutschland GmbH Lindwurmstrasse 10 80337 München...

Die professionelle Source Code Hinterlegung 
Software ESCROW International GmbH Service Center Region West Leitung: Wilfried Thünker Bundeskanzlerplatz 2 - 10 D-53113 Bonn Telefon...



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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