Understanding Lawyer Escrow Services

Jessica_APLegal

New Member
Understanding the basics of an escrow service is one thing, but what difference does it make to have a lawyer escrow service to work with. As someone who works at Escrow.Domains under the law firm of Greenberg & Lieberman, it has allowed me insight as to the differences having a lawyer to help settle any issues that arise.

An internet or domain name escrow, as with conventional escrow, involves depositing money or assets in the control of a licensed independent third party in order to protect both buyer and seller in a domain name transaction. The transaction is completed when both parties confirm that all terms of the escrow agreement have been met, and then the money is released. Each escrow through G&L, however, includes legal advice on the legal terms applicable. With an attorney escrow for both domain names as well as other assets G&L can provide you with the knowledge and security to make your transaction a pleasant and smooth experience.

If a disagreement arises, the Escrow Agent holds the money and/or assets while the disagreement is resolved. Once the situation is resolved escrow ends, and this third-party delivers the escrowed items as specified in the escrow agreement
 

whois

Recent Posts



Forums dedicated to Indian domain names, including buying, selling, appraising, developing, and monetizing.

About Us

Threads
28,286
Messages
75,483
Members
7,734
Latest member
Pavani
Top Bottom