What Do You Mean By Escrow? What Is It Used For?

Compton Conveyancing16 Dec, 2020Legal

Escrow is described as a neutral third party in a large financial transaction among two parties holding a valued resource (usually cash) till the transaction takes place. When everything is pointed to here as escrow," it means that the asset is actually owned by the third party. Although escrow is usually connected to property investment, it may extend to other large financial transactions. You can contact Escrow Agent Dubai if you are having problems.

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