| 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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| The Buyer submits the funds to the escrow
agent (BCES) and pays the escrow fees. The money is sent to an interest
free trust account. The seller is then notified by the escrow
agent (BCES) to ship the merchandise to either the buyer or to BCES depending
on the details of the contract. (If the seller is to pay the escrow
agents fees then they are also instructed to reimburse to buyer.) |
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