escrow Real Estate Law legal dictionary - legal glossary escrow
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It's a free online legal dictionary search engine for definitions of legal terminology and legal words, legal abbreviations, and legal jargon you may meet when reading legal acts, law books, documents, legal forms and other legal content.
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Legal Dictionary
Real Estate Law
Term: escrow
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This term is usually used to put aside some money, documents, or something of value, with an independent third party called an escrow agent, to satisfy certain debts or obligations established in a written agreement.
Most often escrow accounts are used in real estate sales by title companies, or attorneys.
See also: escrow agent
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