Commercial real estate transactions can be more complex and therefore carry considerably more risk with them. Large purchases or sales can make or break the success of a company, so mitigating risk should be one of the primary concerns for all parties which is why the escrow process is commonly used.
In today’s digital age, the sale and transfer of websites, source code, and other intellectual property (IP) have become common transactions. Ensuring the security and confidence of both buyers and sellers in these deals is crucial. Escrow services offer a reliable solution to mitigate risks and ensure smooth transactions.
What are the advantages of using Escrow for large transactions? Escrow, or specifically an escrow agent, is a company that helps handle large transactions between two parties. Escrow agents add layers of trust and accountability to the money transfer and fulfillment of the purchase agreement without an attorney being involved.
Escrow services are typically used for the sale of businesses, personal property, commercial real estate, or in any situation wherein the parties would like a disinterested third party to handle documents and/or funds on their behalf. We specialize in creating custom escrow services for all types of situations.
