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 law







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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...
 
Philadelphia Inquirer, The - Letters | Solution for contractors' fraud is escrow
September 28, 2007 -- Re "2 Bucks contractors accused of conspiracy," Sept. 13: I am a lawyer, and funds held for clients must be segregated from operating...
 
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Make finding the best real estate stocks a reality.
 






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Extra Listings:

California Department of Corporations - Escrow Law Advisory...
Escrow Law Advisory Committee Meeting Notice and Agenda for June 24, 2002...

escrow deposit who's is it?
...escrow account. (This may vary by state law. I just tried to put a deposit into it's own escrow account and the bank will not let 'escrow' be on...

California Escrow Law
Intro/Start Here Find Dealers Manufacturers For Salespeople California Escrow Law...

EscrowTech begins operations in Chennai
The Indian armwill provide software and technology escrow services to clients in the country. Typical clients of Escrow include law firms...

California Department of Corporations - Escrow Law
The following persons are excluded from the licensure requirements of the Escrow Law:



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 escrow law remember we update our site regularly. Be sure you understand the terms in any legal agreement for your own protection.


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