Escrow is when money and/or documents are held by a disinterested third party until satisfaction of the terms and conditions of the escrow instructions have been achieved. At that point, delivery and transfer of the escrowed funds takes place.
Escrow is when money and/or documents are held by a disinterested third party until satisfaction of the terms and conditions of the escrow instructions have been achieved. At that point, delivery and transfer of the escrowed funds takes place.
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