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 source code escrow agreement
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Real Estate News for YOU:
San Fernando Valley Business Journal - Industrial park 25 percent in Escrow
April 14, 2008 -- North Valley Commerce Center, a 201,326-square-foot industrial park in Sylmar, is nearing completion with 25 percent of the project in escrow in the...
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...
Birch Terrace by Silverstone Communities Proves Affordable Price and Desirable Location Can Still Sell Homes Despite ... (Business Wire via Yahoo! Finance)
PLEASANTON, Calif.----Silverstone Communities today announced the completion of their new home community, Birch Terrace, near downtown Pleasanton, California. This new community of 45 townhomes opened in June 2007 and closed escrow on the final home in November 2008.
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Extra Listings:
GigaLaw.com: What is a "Source-Code Escrow Agreement"?
Doug Isenberg's GigaLaw.com®: "Legal Information for Internet Professionals" What is a "Source-Code Escrow Agreement"? By Jay Hollander...
Source Code Escrow for Custom Software - Sample Agreement
FIDEX AMERICAS CORPORATION SOFTWARE ESCROW AGREEMENT ... (2) Delivery of Source Code, DEVELOPER hereby grants and LICENSEE receives a complete copy...
Summary: Source Code Escrow Agreement
Source Code Escrow Agreement. This Source Code Escrow Agreement was drafted by parties to a software distribution contract for use with an escrow...
Key Provisions: Software Source Code Escrow Agreement
Key provisions of this Agreement are as follows: ... Computer Programs for which Confidential Materials are Deposited with Escrow Agent EXHIBIT...
Software Protection FAQ - source code escrow agreement, escrow...
Software Protection FAQ - source code escrow agreement, escrow process, editing the contract, negotiate escrow terms, how to set up an escrow, etc.
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 source code escrow agreement remember we update our site regularly. Be sure you understand the terms in any legal agreement for your own protection.
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