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What is Escrow?

In some areas a real estate transaction includes the use of a closing or settlement company. Escrow refers to a legal arrangement where a neutral third party holds money, documents, or other assets until specific conditions are met before releasing them to their final destinations. This third party, sometimes called an escrow agent or title company, ensures a smooth and secure transaction for both the buyer and seller.


Would you like to learn more about Real Estate? Have you ever wanted to become a Real Estate Agent? Want to know more about being a Realtor? Click on the link for the schedule of our upcoming classes for Real Estate: tocrres.com




Outdoor sitting area overlooking, pool, waterway and palm trees
Outdoor sitting area overlooking, pool, waterway and palm trees



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