Terms Beginning With 'i'

In Escrow

  • January 22, 2020
  • Team Kalkine

In escrow refers to a temporary situation of an item, like money/property, which is being moved to the 3rd party on behalf of a buyer and seller, it includes valuables like real estate, money, stocks, and securities.

Often, in escrow is used in case of real estate deals, where the property, cash, and the title are held in escrow until the set criteria is fulfilled.

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