WHAT IS ESCROW – A Description by Title Guaranty
Posted on February 19th, 2008 by Joyce Murphy Realtor
THE DICTIONARY DEFINES ESCROW as “The deposit of deed, bond, monies, contract or other written agreements with a third person to be delivered or used only upon performance or fulfillment of set conditions.” More simply, Escrow may be defined as a stakeholder.
IN PRACTICE, ESCROW INCLUDES all of the services of a person skilled in [...]
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