Intellectual Property Escrow

Source code escrow agents hold source code of software in escrow just as other escrow companies hold cash. Normally you do not own or have any rights to the software (including source code) that you are accessing, under the terms of a regular SaaS or desktop software agreement. This does not usually become an issue … [Read more…]

Real Estate Escrow

Escrow payment is a common term referring, (in the US), to the portion of a mortgage payment that is designated to pay for real property taxes and hazard insurance. It is an amount “over and above” the principal and interest portion of a mortgage payment. Since the escrow payment is used to pay taxes and … [Read more…]

Types of Escrow

Escrow generally refers to money held by a third-party on behalf of transacting parties. It is best known in the United States in the context of real estate (specifically in mortgages where the mortgage company establishes an escrow account to pay property tax and insurance during the term of the mortgage). Escrow is an account … [Read more…]

What is An Escrow?

An escrow is: an arrangement made under contractual provisions between transacting parties, whereby an independent trusted third party receives and disburses money or documents for the transacting parties, with the timing of such disbursement by the third party dependent on the fulfillment of contractually agreed conditions by the transacting parties, or an account established by … [Read more…]