释义 |
DictionarySeeescrowescrow agent
escrow agentn. a person or entity holding documents and funds in a transfer of real property, acting for both parties pursuant to instructions. Typically the agent is a person (commonly an attorney), escrow company or title company, depending on local practice. (See: escrow) escrow agent
Escrow AgentA third party who agrees to hold funds or assets in escrow. The escrow agent provides this service to two parties in a transaction until certain conditions are filled. The escrow agent holds the assets until the transaction is finalized and then gives them to the appropriate party. See also: Bulk sales escrow.Escrow agent.An escrow agent is the person or group that holds certain of your assets in an escrow account while you negotiate the final terms of a contract. For example, if you are buying a home, the escrow agent would hold the down payment you make when your offer is accepted until the purchase is finalized. escrow agentA person or firm who agrees to hold funds for others and disburse them according to lawful instructions. |