A transaction involving real estate whereby one party deposits a deed or money with a third party who holds the deed or funds until the happening of an agreed upon event is called:

Name: A transaction involving real estate whereby one party deposits a deed or money with a third party who holds the deed or funds until the happening of an agreed upon event is called:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Escrow is a legal arrangement in which a third party holds a deed or funds until the happening of an agreed upon event.

A Transaction Involving Real Estate Whereby One Party Deposits a Deed