escrow background

escrow

/ˈɛs.kɹəʊ̯/ /ˈɛs.kɹoʊ̯/

Illustration escrow - Image 1

noun

Эскроу, депонирование

A written instrument, such as a deed, temporarily deposited with a neutral third party (the escrow agent), by the agreement of two parties to a valid contract. The escrow agent will deliver the document to the benefited party when the conditions of the contract have been met. The depositor has no control over the instrument in escrow.

Examples :

"The buyer's check was placed in escrow until the house inspection was completed. "

Чек покупателя был помещен на депонирование до завершения осмотра дома.

property business finance law

Illustration escrow - Image 1

noun

Эскроу, депонирование

In common law, escrow applied to the deposits only of instruments for conveyance of land, but it now applies to all instruments so deposited.

Examples :

"The buyer placed the money for the house in escrow, ensuring it would only be released to the seller once all the paperwork was completed and the house was inspected. "

Покупатель поместил деньги за дом на эскроу, гарантируя, что они будут переданы продавцу только после завершения всей документации и осмотра дома.

law business finance property

Illustration escrow - Image 1

noun

Эскроу, депонирование

Money or other property so deposited is also loosely referred to as escrow.

Examples :

"The buyer deposited the down payment into escrow, ensuring the money would be held safely until the house sale was finalized. "

Покупатель внес первоначальный взнос на эскроу, гарантируя, что деньги будут надежно храниться до завершения продажи дома.

property finance business economy asset law

Illustration escrow - Image 1

noun

Эскроу, депонирование

The state of property deposited with an escrow agent.

Examples :

"The money for the house was held in escrow until the inspection was complete. "

Деньги за дом хранились на эскроу-счете до завершения инспекции.

property finance law business

Illustration escrow - Image 1

verb

Помещать на депонирование

To place in escrow.

Examples :

"The store owner escrowed the money for the new couch until the delivery was complete. "

Владелец магазина поместил деньги на депонирование за новый диван до завершения доставки.

property business finance law