escrow
44
7.8
- noun
- /ˈɛs.kroʊ/
- Specialized
:
depósito en garantía
- Such payments were made in a transparent manner through an escrow arrangement with a major international bank.
- an escrow account
You know that entering escrow does not mean that you'll close.
- You know that entering escrow does not mean that you'll close.
- And I will refer people this way once the escrow is closed.
- Once we got into escrow, guess what happened?
- But a few weeks went by after that and that buyer ended up canceling escrow.
- We were in, we were in escrow for about almost two months because they could not get it.
- And you know, there was a deal that we sold in Houston that I was the seller and then we went into escrow with non refundable money.
- Have the title company write me a letter saying that they are holding his, his, the borrower's down payment in their escrow.
- But just so you know, too, you don't have a legally binding contract until usually an EMD is placed on escrow.
- The parties also agreed that, pending finding final valuation of the assets, Genicom would deposit a portion of the purchase price into escrow.
- You've got construction title and escrow loans.
- Because like I showed you in the beginning, it could be a double escrow.
- It's already expensive enough to pay escrow, title loan fees, appraisals, appraisal requirements.
Examples
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And I will refer people this way once the escrow is closed.
-
We just closed escrow on our dream house.
-
And all the ones that we have in escrow for the sell side too.
-
Once we got into escrow, guess what happened?
-
We were in, we were in escrow for about almost two months because they could not get it.
-
And so, I made sure there was enough in escrow and never thought about it again.
-
Land sales out of escrow are always recorded within the week.
-
Still pay them, but set up a private escrow account and pay our taxes into it.
Blog text (9) -
The bond would be kept in an interest-bearing escrow account for a predetermined length of time.
Academic text (1992) -
We just closed escrow on our dream house, and we couldn't be happier.
Synonyms
1
6.4
Money held by a neutral person or company until agreed conditions are met
Compounds
- Specialized
1
6.4
Money held by a neutral person or company until agreed conditions are met
Surface Forms
Etymology
Escrow comes from an old word for a paper scroll ('rolled paper') that recorded a deal and was kept by a neutral person, so the idea is of a document kept safe until a promise is kept. So an escrow is money, property, or a written agreement held by a third party until the contract condition is met.