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 new orleans escrow
Real Estate News for YOU:
Extra Listings:
Escrow Service in New Orleans, LA
Escrow Service in New Orleans, LA...
Title Companies in New Orleans, LA
New orleans, Title Loans New orleans, Title Service New orleans, Real Estate New orleans, Mortgage New orleans, Escrow Companies New orleans...
Understanding how Escrow works – Prudential-Gardner Realtors, New...
Prudential-Gardner Realtors, New Orleans LA Escrow and closing costs explained. Tips on how to save money at closing...
Home Mortgage Refinance New Orleans Louisiana
New Orleans mortgage refinancing escrow understanding mortgage Maine refinancing online Falmouth Louisiana New Orleans mortgage...
New Orleans Louisiana Escrow Services
New Orleans Louisiana Escrow Services Escrow Services in New Orleans...
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 new orleans escrow remember we update our site regularly. Be sure you understand the terms in any legal agreement for your own protection.
Copyright 2005 Understanding-Escrow.com
|
|
|
|