in escrow

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Related to escrow: Escrow account, Escrow payment

in escrow

Held as an escrow, that is, in the custody of a third party until some condition or conditions (of an agreement, bequest, etc.) have been fulfilled. The sum of money my late grandfather bequeathed to me will be in escrow until I turn 18.

in escrow

In trust with a third party for delivery after certain conditions are fulfilled. For example, Our down payment on the house is in escrow until the current owner makes the promised repairs . This legal term dates from the late 1800s.

in escrow

In trust as an escrow.
References in periodicals archive ?
However, determining what constitutes a "payment" is not necessarily easy when dealing with escrow arrangements.
ESNY credits all interest earned on escrowed funds directly to the client with clients being billed directly for ESNY's services at closings, on a fee schedule based on the amount in escrow.
in the escrow agreement), is beyond the taxpayer's or his agent's control, and relates to the exchange (e.
FIE, he said, does all of this when it is named escrow agent.
The formula for calculating escrow is fairly simple.
Charged California home buyers and other escrow customers fees for services that were not provided.
This proposal will not be a benefit to consumers," said Fran Butler, president-elect of the California Escrow Association, one of the professional groups protesting the proposal.
According to many in the industry, New Era's blueprint for growth is likely to help the company ascend to the top of California's real estate escrow market.
Wiener did apologize to the escrow industry for the pain that he had caused,'' Showers said.
However, until the court issued a final judgment on the amount of cash required to be paid by B for the stock, the cash remained in escrow.
Kalman forecast positive results for the remainder of the year based on an increased volume of properties that entered escrow in August and September and strong performance among mid-priced homes.
com, a wholly owned subsidiary of iLumin Corporation, today announced it is expanding its integrated escrow services platform on eBay the world's online marketplace.
The former owners of what was Santa Clarita's largest escrow company are to be sentenced today for the misuse of more than $2.
In the face of a seemingly never-ending barrage of wrenching news stories mourning the fates of would-be homeowners whoeIUve been duped by mortgage fraud eI now, more than ever eI the importance of working with a certified escrow practitioner has become glaringly clear eI especially for Californians.