Real Estate Terms Glossary
What is an Escrow?
We can define escrow as a legal and financial arrangement where a neutral third party temporarily holds a large amount of money or property until some predefined conditions are met. In real estate, escrow is used to protect both buyers and sellers during the home buying process.
In most cases, escrow includes documents, such as a deed, or something valuable, usually money that a neutral third party holds to be used in the future to fulfill an obligation.
Examples of Escrow
- Example 1: Property deeds
- Example 2: Down payments
Here’s Investopedia’s definition of an Escrow .
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Max N.
Oklahoma attorney focused on real estate transactions, quiet title lawsuits, estate planning, probates, business formations, and all contract matters.
"I am so impressed with Max's work ethic, communication, and thoroughness. This is a five-start customer service experience and I look forward to continuing working with him as I grow my out of state investments in the state of Oklahoma (currently based in FL)"
Mark F.
International-savvy technology lawyer with 35years+ in Silicon Valley, Tokyo, Research Triangle, Silicon Forest. Outside & inside general counsel, legal infrastructure development, product exports, and domestic & international contracts for clients across North America, Europe, and Asia. Work with Founders to establish startup and continuous revenue, sourcing and partnering with investors to attract funding, define success strategy and direct high-performing teams, advising stakeholders and Boards of Directors to steer company growth.
"Mark has guided us through a complex acquisition involving shareholders with different interests, IP and litigation questions and management issues with great expertise and patience. We could not have done this without his help."
John C.
Licensed to practice law in the states of Missouri and Kansas. Have been licensed to practice law for 44 years. Have been AV rated by Martindale Hubbel for almost 30 years.
September 20, 2022
Michael S.
Real estate and corporate attorney with over 30 years of experience in large and small firms and in house.
August 30, 2022
David A.
David Alexander advises clients on complex real estate transactions, including the acquisition, disposition, construction, financing and leasing of shopping centers, office buildings and industrial buildings throughout the U.S. An experienced real estate attorney, David reviews, drafts and negotiates all manner of retail, office and industrial real estate agreements, including purchase and sale agreements, construction contracts, leases and financing documentation.
Alex P.
Managing partner at Patel & Almeida and has over 22 years of experience assisting clients in the areas of intellectual property. business, employment, and nonprofit law.
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