Home » Surety Bond Terms » Escrow
Free Surety Bond Quote 

Escrow

An arrangement for a neutral third person (escrow agent or depositary) to hold funds paid by a contracting party until a specified event, when the funds are released to the other contracting party. In most real estate sales, the deed to the property and the earnest money are placed in escrow pending the fulfillment of other contractual conditions.

« Back

 
Independent Insurance Agents
Contractors National Council
National Guardianship Association
 

 

 


 

SuretyGroup.com ©2011 | 3715 Northside Parkway, NW, Ste 1-315, Atlanta, GA 30327
Privacy Policy | Terms & Conditions | Sitemap