There are certain requirements that must be met before a transaction can be placed in escrow. They are:

Question

Quizplus · Accepted Answer

All of the above requirements must be met before a transaction can be placed in escrow. A binding contract between buyer and seller is necessary, a neutral third party is employed to ensure a fair transaction, and conditional delivery of all documents related to the sale is required to ensure that everything is in order before the transaction is finalized.

There Are Certain Requirements That Must Be Met Before a Transaction