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Escrow Services in Greenbrier
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Helpful Definition for: Escrow Services
Escrow services in Greenbrier are defined as an arrangement where an independent trusted third-party receives and distributes money and/or documents for two or more transacting parties, the timing being dependent on the performance by the parties on contractual provisions, or a trust account for payment of property taxes & insurance premiums by the borrower or an account legally created by a broker to hold his funds until a transaction is terminated.
Escrow services in Greenbrier refer to holding of money by a third-party on behalf of transacting parties. Escrow is an account different from the mortgage account. The escrow agent is solely accountable for the escrow funds and ensuring explicit usage of funds for the intended purpose. Escrow services are commonly used in the transfer of high value personal and business properties.
Recent News from the Green Blog
It was bound to happen, and it finally has. On September 30, 2014, Governor Jerry Brown signed into law a bill that makes California the first state in the country to prohibit stores from offering environmentally-problematic single-use plastic bags to their customers. SB270 provides that plastic bags will be phased out from use at supermarkets, large grocery chains and pharmacies..