| Escrow is a way
to transfer any type of property and/or money using a neutral
third party |
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| When entering
in to a contractual transaction with unknown parties, you
may desire protection |
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| Today’s
businesses are increasingly dependant on crucial assets
that they do not |
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| When entering in to a contractual transaction
with unknown parties, you may desire protection for non-payment by
the buyer or protection for non-performance by the seller,
Either party to the transaction can request that an escrow agreement
is used to secure and protect the transaction.
Business transaction escrow allows the buyer the opportunity to
inspect the goods before payment is made to the seller, and the
sellers are assured that payment is guaranteed, since the funds
will be in the escrow account before the goods are transferred to
the buyer.
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