A scroll; a writing; a deed. Particularly a deed delivered by the grantorinto the hands of a third person, to be held by the latter until the happening of a contingencyor performance of a condition, and then by him delivered to the grantee.Thomas v. So wards, 25 Wis. G31; Patrick v. Mc- Cormick, 10 Neb. 1, 4 N. W. 312;Cagger v. Lansing, 57 Barb. (N. Y.) 427; Davis v. Clark, 58 Kan. 100, 48 Pac. 503;Easton v. Driscoll, 18 R. I. 318, 27 Atl. 445.A grant may be deposited by the grantor with a third person, to be delivered on theperformance of a condition, and on delivery by the depositary it will take effect. Whilein the possession of the third person, and subject to condition, it is called an “escrow.”Civil Code Cal.
What is ESCROW?
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