The Arizona Court of Appeals affirmed a jury verdict that imposed 100% liability on an escrow agent for a wire transfer it sent to a cybercriminal/imposter and attributed no fault to the imposter or ...

An escrow account is a broad term that refers to money held by a third party for the purpose of two other parties conducting a transaction, but is most commonly used for real estate purposes.

The California Department of Financial Protection and Innovation recently released a new opinion letter covering aspects of the California Money Transmission Act (MTA) and the Escrow Act related to ...

Today, we turn our attention to escrow trust accounts, which do not offer any additional layers of FDIC protection when buying or selling a home than traditional checking, savings and money market ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When it comes to selling or acquiring a business, the ...

I’ve closed domain deals that cost more than some founders raise in their seed rounds. Some wrapped up over a handshake. Others dragged on for months, involving lawyers, late-night calls and more than ...

Learn how bulk sales escrow works to safeguard unsecured creditors during the sale of company assets, ensuring debts are prioritized and misappropriation is avoided.

People use the escrow process in the international trade, stock market and, most commonly, real estate arenas. Prospective homeowners go through the escrow process when they close on the sale of a ...

Discover how escrow accounts reduce risk and ensure smoother closings in business deals across industries – including manufacturing, logistics, and distribution. When it comes to selling or acquiring ...

In an unusual move, top agents from Westside Estate Agency and Carolwood Estates, two of Beverly Hills’ most successful luxury boutique agencies, have partnered to open a new business called Private ...