Gourt > Regional > North America > United States > California > Counties > Sacramento > Business and Economy > Real Estate > Title and Escrow
Escrow is a legal arrangement whereby an asset (often money, but sometimes other property such as art, a deed of title, website, or software source code) is delivered to a third party (called an escrow agent) to be held in trust or otherwise pending a contingency or the fulfillment of a condition or conditions in a contract. Upon that event occurring, the escrow agent will deliver the asset to the proper recipient, otherwise the escrow agent is bound by his or her fiduciary duty to maintain the escrow account.
Not all escrow agreements impose the duties of a legal trustee on the escrow agent, and, in fact, in many such agreements, escrow agents are held to a mere gross negligence standard and benefit from indemnity and hold harmless provisions.
While escrow is best known in the context of real estate (specifically in mortgages where the mortgage company will establish an escrow account to pay property tax and insurance during the term of the mortgage), escrow companies are also commonly used in the transfer of high value personal and business property, like websites and businesses, and in relation to person-to-person remote auctions (such as eBay).
More on [ Escrow ]
Just got the call from the title company. Escrow is over and we. are. closed. Woot woot baby!
BigEddieStyle (Ed Gallagher) Sat, 12 Dec 2009 01:53:01 -0000
Just got the call from the title company. Escrow is over and we. are. closed. Woot woot baby!
If you have questions about the new HUD changes or anything else related to Title and Escrow, give one of our... http://bit.ly/4xLVe5
victorialynn2 (Victoria Linton) Fri, 11 Dec 2009 17:21:01 -0000
If you have questions about the new HUD changes or anything else related to Title and Escrow, give one of our... http://bit.ly/4xLVe5
CONGRATULATIONS TO SAN DIEGO for processing over 1000 title and escrow orders this year via the RealEC system.
lawyerstitle (Lawyers Title) Fri, 11 Dec 2009 17:09:45 -0000
CONGRATULATIONS TO SAN DIEGO for processing over 1000 title and escrow orders this year via the RealEC system.
Welcome to Real Estate of Montana | Title and Escrow Information http://bit.ly/7ipZhq
trumpstyles (Debbie Woodall) Fri, 11 Dec 2009 17:03:37 -0000
Welcome to Real Estate of Montana | Title and Escrow Information http://bit.ly/7ipZhq
Heading over to Bellevue for the First American Title and Escrow Holiday Open House/Party!
jillayne (Jillayne Schlicke) Fri, 11 Dec 2009 00:37:15 -0000
Heading over to Bellevue for the First American Title and Escrow Holiday Open House/Party!
Tonight is the ultimate business after hours in Pocatello. The Alliance Title and Escrow Corp Business After Hours. 5-7 pm at their office
PocatelloChambe (Matt Hunter) Thu, 10 Dec 2009 21:34:14 -0000
Tonight is the ultimate business after hours in Pocatello. The Alliance Title and Escrow Corp Business After Hours. 5-7 pm at their office
Financial Title Company Escrow Service - Serving all of Northern California. Offices located in the Sacramento Valley, San Francisco Bay area and the East Bay.
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