What is Escrow Who holds the money now? We just sit and watch as a third party or the neighbor trustee holds financial assets or the transaction between two other friends or in this case business partners! First what is the defination of escrow? While I walk and bicycle around Socal cause it is, so California. I read and hear all about escrow. How Escrow Protects Parties in Financial Transactions
Escrow broadly refers to a third party that holds money or an asset on behalf of the other two parties in a…www.investopedia.com