escrow agent
Definition
A neutral third party who makes sure that all conditions of a real estate transaction have been met before any funds are transferred or property is recorded.
Use escrow agent in a sentence
“ You should try and bring on an escrow agent that can make sure both sides are being treated fairly in the deal. ”
“ The escrow agent had ensured that all of the taxes were paid properly, this as used as evidence during the bankruptcy case. ”
“ When buying their first house, the young couple sent funds to the escrow agent while the transaction was under review, hopeful that everything would go smoothly and that they could be in their new house soon. ”
