Escrow, handled inside the firm.
We provide escrow setup and releases as part of the engagement, so funds move safely from signing to a funded close, without handing your deal to a third party.
Seven steps from signing to funded close.
The same attorneys closing your deal hold and release the funds. Here is how the escrow runs, start to finish.
Introduction to all parties
We coordinate with everyone in the transaction and stand up the escrow from the start.
Provide Purchase Agreement
We request a copy of the purchase agreement once the parties reach a final or executed draft. That is what sets the terms of the escrow agreement.
Prepare Escrow Agreement
With the purchase agreement in hand to outline the terms of release, we prepare the escrow agreement and share it for the parties to review.
Execution of Escrow Agreement
Once the parties approve it, we circulate the escrow agreement for signature on the day of closing and wait for authorization.
On Standby
We stand by for the funding party to wire funds to our escrow account, confirm receipt so asset transfer can begin, and verbally verify wire instructions for security.
Escrow Release Instructions
On the green light to release, we circulate Escrow Release Instructions for signature, breaking down the funds flow.
Release of Funds
We send the executed release and verified wire instructions to accounting for release, then confirm to the parties once funds are sent.
Wire instructions, verbally verified.
Wire fraud is the real risk in any closing. Before funds move, we verbally verify the wire instructions for the applicable parties, a deliberate safeguard on every release.
- Funds confirmed on receipt
We confirm to all parties so asset transfer can begin.
- Release only on authorization
Nothing moves until the parties sign the release instructions.
- One accountable team
The attorneys who closed your deal handle the funds.
Your funds never leave the people closing your deal.
Have a deal that needs escrow?
Tell us about your deal. We will walk you through the business, the terms, and exactly how we can help.