- A deed, bond, or other written engagement, delivered to a
third person, to be held by him till some act is done or some condition
is performed, and then to be by him delivered to the grantee.
Escrow Disbursement In property investment, an Escrow Disbursement is a procedure of distributing funds held in the escrow account to pay for things like home mortgages, real estate taxes, and other costs.
Escrow Agent An Escrow Agent is an individual or business that temporarily holds property as a neutral intermediary while a purchase is being made or an issue is resolved.
Escrow Account An Escrow Account is an account for which a bank acts as an uninterested third party to ensure compliance with the terms of the deal
Definition
[ n.]