| 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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| Escrow is a way to transfer any type of property and/or
money using a neutral third party (Escrow Agent) to be held in trust
pending performance or fulfilment of a condition(s) in an escrow agreement.
Upon that event occurring the escrow agent will deliver the required
merchandise to the correct recipient according to the escrow agreement.
Otherwise the escrow agent is bound by his/her fiduciary duty to
maintain the escrow account.
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