escrow Law

escrow Law
escrow Law [ɪ'skrəʊ, ɛ-]
noun a bond, deed, or other document kept in the custody of a third party and taking effect only when a specified condition has been fulfilled.
↘the state of being kept in this way.
verb chiefly N. Amer. place in escrow.
Origin
C16: from OFr. escroe 'scrap, scroll', from med. L. scroda, of Gmc origin; related to shred.

English new terms dictionary. 2014.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • escrow agent — A person (often an attorney) or a company that handles escrow arrangements. Also sometimes called a title agent. Category: Business, LLCs & Corporations Category: Real Estate & Rental Property Nolo’s Plain English Law Dictionary. Gerald N. Hill,… …   Law dictionary

  • escrow instructions — Written instructions, signed by a buyer and seller, telling an escrow agent what needs to happen before the deal (usually a real estate sale) closes. Category: Business, LLCs & Corporations Category: Real Estate & Rental Property Nolo’s Plain… …   Law dictionary

  • escrow — I noun conditional deed held in trust, conditional instrument, contingent deed held in trust, entrustment, instrument held until the performance of a condition, written instrument of contingency II index binder Burton s Legal Thesaurus. William C …   Law dictionary

  • escrow account — n. A bank account into which funds are held as security until the escrow condition is fulfilled. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. escrow account …   Law dictionary

  • escrow — [es′krō΄] n. [OFr escroue, roll of writings, bond < ML scroda < MDu schrot, piece cut off: see SHRED] Law a written agreement or something of value put in the care of a third party and not delivered until certain conditions are fulfilled a… …   English World dictionary

  • Escrow — is a legal arrangement in which an asset (such as cash, real property or other tangible assets) is deposited into safekeeping (e.g., a bank account) under the trust of a neutral third party (escrow agent) pending satisfaction of contractual… …   Wikipedia

  • Escrow instructions — are written documents, signed by the parties giving them, which direct the escrow officer in the specific steps to be completed so the escrow can be closed. [ [http://www.desireerealestate.com/sellers/9.php Diseree Soteres, realtor, offciial web… …   Wikipedia

  • Escrow — bedeutet so viel wie Treuhand oder Hinterlegung. Inhaltsverzeichnis 1 Etymologie 2 Software Kontext 3 Treuhand Kontext 4 Weblinks …   Deutsch Wikipedia

  • Escrow Account — Escrow bedeutet so viel wie Treuhand oder Hinterlegung. Inhaltsverzeichnis 1 Etymologie 2 Software Kontext 3 Treuhand Kontext 4 Weblinks // …   Deutsch Wikipedia

  • escrow agent — ➔ agent * * * escrow agent UK US noun [C] LAW ► a person or organization that keeps an asset or document belonging to another person or organization, until a condition is met which means it can be given to someone else: »He said he would prefer… …   Financial and business terms

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