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 long beach escrow
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Long Beach Escrow
Long Beach Escrow Phone: (562) 597-3336 * Fax: (562) 597-2447 info@longbeachescrow.com Home | Services | Contact Us
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Experience Makes the Difference. Cardinal Pacific Escrow is an independent, licensed, bonded and insured Escrow Company/Settlement Agent.
Escrow Service in Long Beach, CA
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Long Beach Escrow
Long Beach Escrow is a full service escrow company serving Long Beach, California and the surrounding area since 1979.
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
As you search for long beach escrow remember we update our site regularly. Be sure you understand the terms in any legal agreement for your own protection.
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