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?
Featuring Black’s Law Dictionary
Nothing implied or stated on this page should be construed to be legal, tax, or professional advice. The Law Dictionary is not a law firm and this page should not be interpreted as creating an attorney-client or legal adviser relationship. For questions regarding your specific situation, please consult a qualified attorney.
- Best Way to Find Someone in Jail for Free
- What Is A Police Welfare Check?
- How Do You Look up License Plate Numbers?
- Best Way To Run A Free Arrest Warrant Check
- Signing a Letter on Someone Else’s Behalf
- Best Way to Write a Professional Letter to a Judge
- How To Find A Name & Address Using A License Plate Number
- How To Find An Inmate’s Release Date
- How to Transfer a Car Title When The Owner Is Deceased
- What Rights Do Convicted Felons Lose?