- In Escrow
- An item such as money or a piece of property that has been transferred to a third party with the intentions of delivery to a grantee as part of a binding agreement. Valuables in escrow are delivered, generally by an escrow agent, to a grantee upon satisfaction of outlined terms.
Escrowed items are most commonly found in real estate transactions. Property, cash and the title to the property are often held in escrow until all specified conditions are met, and transfer of ownership can occur. Lawyers will most commonly act as escrow agents in such situations.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
escrow — I noun conditional deed held in trust, conditional instrument, contingent deed held in trust, entrustment, instrument held until the performance of a condition, written instrument of contingency II index binder Burton s Legal Thesaurus. William C … Law dictionary
Escrow — is a legal arrangement in which an asset (such as cash, real property or other tangible assets) is deposited into safekeeping (e.g., a bank account) under the trust of a neutral third party (escrow agent) pending satisfaction of contractual… … Wikipedia
Escrow instructions — are written documents, signed by the parties giving them, which direct the escrow officer in the specific steps to be completed so the escrow can be closed. [ [http://www.desireerealestate.com/sellers/9.php Diseree Soteres, realtor, offciial web… … Wikipedia
Escrow Account — Escrow bedeutet so viel wie Treuhand oder Hinterlegung. Inhaltsverzeichnis 1 Etymologie 2 Software Kontext 3 Treuhand Kontext 4 Weblinks // … Deutsch Wikipedia
Escrow — bedeutet so viel wie Treuhand oder Hinterlegung. Inhaltsverzeichnis 1 Etymologie 2 Software Kontext 3 Treuhand Kontext 4 Weblinks … Deutsch Wikipedia
Escrow payment — is the common term referring to the portion of a mortgage payment that is designated to pay for real property taxes and hazard insurance. It is an amount over and above the principal and interest portion of a mortgage payment. Since the escrow… … Wikipedia
escrow agent — A person (often an attorney) or a company that handles escrow arrangements. Also sometimes called a title agent. Category: Business, LLCs & Corporations Category: Real Estate & Rental Property Nolo’s Plain English Law Dictionary. Gerald N. Hill,… … Law dictionary
escrow instructions — Written instructions, signed by a buyer and seller, telling an escrow agent what needs to happen before the deal (usually a real estate sale) closes. Category: Business, LLCs & Corporations Category: Real Estate & Rental Property Nolo’s Plain… … Law dictionary
escrow agent — ➔ agent * * * escrow agent UK US noun [C] LAW ► a person or organization that keeps an asset or document belonging to another person or organization, until a condition is met which means it can be given to someone else: »He said he would prefer… … Financial and business terms
escrow account — n. A bank account into which funds are held as security until the escrow condition is fulfilled. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. escrow account … Law dictionary
escrow Law — [ɪ skrəʊ, ɛ ] noun a bond, deed, or other document kept in the custody of a third party and taking effect only when a specified condition has been fulfilled. ↘the state of being kept in this way. verb chiefly N. Amer. place in escrow. Origin C16 … English new terms dictionary