Escrow
Legal Definition and Related Resources of Escrow
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Meanings, Synonyms, Etymology, Translations and More
Meaning of Escrow
A writing , such as a deed or a release , sealed and delivered to a third party , i.e., a person not a party to the instrument , to be held by such third party until the fulfilment of certain conditions and then to be delivered by him to the other party to take effect. Campbell v Barber, (Tex.Civ.App.) 272 S. W.2d 750. A document is said to be so delivered if it is delivered in circumstances which show that it is to take effect only when such and such a condition has been performed. If the condition is not performed, then the document does not take effect. Young v Clarendon township , 132 U.S. 340, 10 S.Ct. 107.
Escrow Alternative Definition
The delivery of a deed or other instrument (31 111. 538), actually executed and ready for delivery -(42 Wis. 440) to a stranger to the instrument (13 Ohio St. 254) , to be by him delivered to the person for whose benefit it is made, on the performance of a condition, or the happening of a contingency (90 Ala. 294), or to be redelivered to the depositor on failure thereof (24 Neb. 86).
Synonyms of Escrow
noun
conditional deed held in trust
conditional instrument
contingent deed held in trust
entrustment
instrument held until the performance of a condition
written instrument of contingency
Definition of Escrow in the Free Online Notary Dictionary
Putting Documents, Property, Or Funds In The Hands Of An Independent Third Party.
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Escrow in Historical Law
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Legal Abbreviations and Acronyms
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This definition of Escrow is based on the The Cyclopedic Law Dictionary. This entry needs to be proofread.
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https://dictionarylaw.substack.com/p/escrow/: The URI of Escrow (more about URIs)
English Legal System: Escrow
In the context of the English law, A Dictionary of Law provides the following legal concept of Escrow:
See deed.
Escrow Definition (in the Accounting Vocabulary)
The New York State Society of Certified Public Accountants offers the following definition of Escrow in a way that is easy for anybody to understand: Money or property put into the custody of a third party for delivery to a GRANTEE, only after fulfillment of specified conditions.
Meaning of Escrow in the U.S. Legal System
Definition of Escrow published by the National Association for Court Management: Money or a written instrument such as a deed that, by agreement between two parties, is held by a neutral third party (held in escrow) until all conditions of the agreement are met.
Concept of Escrow in the context of Real Property
A short definition of Escrow: Delivery of a deed by a grantor to a third party for delivery to the grantee upon the happening of a contingent event. Modernly, in some states, all instruments necessary to the sale (including funds) are delivered to a third (neutral) party, with instructions as to their use.
Concept of Escrow in the context of Real Property
A short definition of Escrow: Delivery of a deed by a grantor to a third party for delivery to the grantee upon the happening of a contingent event. Modernly, in some states, all instruments necessary to the sale (including funds) are delivered to a third (neutral) party, with instructions as to their use.
Escrow