Legal Definition and Related Resources of Escrow
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.
Find similar definitions of the Escrow concept in the Notary Dictionary, to be used to allow for comparison of legal terms meanings.
Related Entries of Escrow in the Encyclopedia of Law Project
Browse or run a search for Escrow in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Escrow in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Escrow in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Escrow in the Legal Abbreviations and Acronyms Dictionary.
Related Legal Terms
You might be also interested in these legal terms:
Mentioned in these terms
.
Browse
You might be interested in these references tools:
| Resource | Description |
|---|---|
| Escrow in the Dictionary | Escrow in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Escrow |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Escrow in the World Encyclopedia of Law |
Notice
This definition of Escrow is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
Vocabularies (Semantic Web Information)
| Resource | Description |
|---|---|
| Topic Map | A group of names, occurrences and associations |
| Topic Tree | A topic display format, showing the hierarchy |
| Sitemap Index | Sitemap Index, including Taxonomies |
| https://legaldictionary.lawin.org/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
Leave a Reply