Definitions for "ESCROW AGENT"
an independent third party who handles aspects of the purchase and related loan transaction. The escrow agent will usually hold the down payment until the closing, . Sometimes escrow functions are handled by a licensed title insurance company and sometimes an attorney manages the transaction.
A third party that, under written instructions holds certain documents signed by the buyer and/or the seller, as well as funds pending close of escrow.
a custodian or stakeholder of funds designated for a special purpose, usually pursuant to a written agreement
under NAIC's Viatical Settlement Model Act, an escrow agent must be a state or federally regulated financial institution whose responsibilities include accepting investor funds, transferring funds in order to purchase policies, paying insurance premiums and receiving death benefits for any policy in which the viatical investor are not the beneficiaries.
A state or federally regulated financial institution organized under the laws of the United States or any state, whose responsibilities include accepting investor funds, transferring funds in order to purchase policies, paying insurance premiums and receiving death benefits for all policies where viatical investors are not the beneficiaries.
a person who engages in the business of receiving escrows
Any person engaged in the business of receiving escrows for deposit or delivery.
The individual who administers an escrow. The escrow agent also carries out all necessary procedures to transfer real property (also called an escrow officer).
Keywords:  appointed, look, account, person
the person appointed to look after the escrow account
Keywords:  notes, special, user, create, you
a special user that you create in Notes