Title companies often hold purchase money in __________,meaning in a special account,until the conditions for the sale have all been met.

Question

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Title companies typically hold purchase money in an escrow account until all the conditions of the sale have been met, such as the transfer of ownership and payment of any outstanding liens or fees. This helps ensure that both the buyer and seller fulfill their obligations before the funds are released.

Title Companies Often Hold Purchase Money in __________,Meaning in a Special