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 state
Real Estate News for YOU:
Reeling Buyers for Your Fort Lauderdale Real Estate (Turks.US)
The Fort Lauderdale real estate is always been a market of good potential. The short sale in the real estate market has long been a big upgrade for people who want to get value for their Fort Lauderdale homes.
For Real Estate, Akron Ranked No. 1 In This College Poll (The Tampa Tribune)
Football fans awaiting President-elect Barack Obama's call for a college football playoff have another poll they can focus on in the meantime, thanks to Coldwell Banker Real Estate. Since the Akron Zips are ranked No. 1, rather than the Alabama Crimson Tide, this poll, at first glance, could cause football followers more grief than the various ballot- and computer-based rankings that determine ...
Oakland Tribune - School site escrow closes
January 19, 2007 -- SAN BRUNO -- The San Bruno Park School District is $30 million richer, and the pool of affordable housing in the city should grow, thanks to a deal...
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How can I find out who regulates escrow in my state?
The Complete Guide to Your Real Estate Closing includes a state-by-state guide to escrow procedures. Order a copy online.
California Escrow Association / CEA - North State Escrow Association
CEA Regional Associations North State Escrow Association Scott Lewis Placer Title Co.150 E Cypress, #100 Redding, CA 96002 Tel: (530) 221-8511
All About Escrow and Real Estate Closings
"Whether your state uses escrow or traditional real estate closing settlement procedures, you'll benefit from reading Sandy Gadow's "The...
Escrow Summaries
...split escrow and closing costs; sellers pay the state's documentary taxes. Property taxes fall due April 1st and August 1st. NEVADA Escrow...
CEA California Escrow Association
Professional organization for escrow officers in the state of California...
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 state remember we update our site regularly. Be sure you understand the terms in any legal agreement for your own protection.
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