Escrow Account in a sentence
Synonym: trust account.
Meaning: A financial account held by a third party during a transaction; often used in real estate.
(1) The escrow account acts as a neutral third party.
(2) The escrow account protects the buyer's interests.
(3) The buyer deposited the funds into the escrow account.
(4) The buyer deposited the money into the escrow account.
(5) The buyer's earnest money was held in an escrow account.
(6) The escrow account is managed by a licensed escrow agent.
(7) The escrow account ensures a smooth and fair transaction.
(8) The escrow account provides a sense of trust and transparency.
(9) The mortgage holder should keep track of their escrow account.
(10) The escrow account is a common practice in international trade.
Escrow Account sentence
(11) The escrow account holds the funds until all conditions are met.
(12) The escrow account is commonly used in real estate transactions.
(13) The escrow account ensures a secure transaction for both parties.
(14) The buyer can track the status of the funds in the escrow account.
(15) The escrow account acts as a neutral third party in the transaction.
(16) The seller requested the release of the funds from the escrow account.
(17) The escrow account minimizes the risk of fraud in online transactions.
(18) The escrow account will hold the funds until the inspection is completed.
(19) The agent bank managed the escrow account for the real estate transaction.
(20) The escrow account will hold funds until the property title is transferred.
Escrow Account make sentence
(21) The escrow account provides peace of mind for both the buyer and the seller.
(22) The escrow account holds the funds until all necessary documents are signed.
(23) The mortgagee can require an escrow account for property taxes and insurance.
(24) The escrow account was established to hold the funds for the pending lawsuit.
(25) The escrow account was established to hold the funds for the upcoming merger.
(26) The escrow account protects the buyer's payment until the goods are delivered.
(27) The funds in the escrow account are held until all legal requirements are met.
(28) The escrow account was used to hold the funds for the purchase of the business.
(29) The escrow account was created to hold the down payment until the closing date.
(30) The escrow account provides a layer of protection against non-delivery of goods.
Sentence of escrow account
(31) The escrow account provides a secure way to handle large financial transactions.
(32) The escrow account will hold the funds until the necessary documents are signed.
(33) The escrow account was used to hold the funds for the down payment on the house.
(34) The escrow account will hold funds until the real estate transaction is complete.
(35) The escrow account protects the buyer from financial loss in case of non-delivery.
(36) The buyer can cancel the transaction and request a refund from the escrow account.
(37) The homebuyer's down payment was held in an escrow account until the closing date.
(38) The escrow account protected both the buyer and the seller during the transaction.
(39) The escrow account was set up to hold the funds until the buyer's loan was funded.
(40) The buyer's agent suggested using an escrow account to ensure a smooth transaction.
Escrow Account meaningful sentence
(41) The buyer's agent recommended using an escrow account to protect the earnest money.
(42) The landlord required the tenant to pay the security deposit into an escrow account.
(43) The funds in the escrow account are held in trust until the transaction is finalized.
(44) The escrow account will hold the funds until all necessary inspections are completed.
(45) The buyer deposited the funds into an escrow account for the real estate transaction.
(46) The lawyer advised his client to open an escrow account to hold the settlement funds.
(47) The funds will be released from the escrow account upon completion of the transaction.
(48) The seller cannot access the funds in the escrow account without the buyer's approval.
(49) The escrow account was set up to hold the earnest money until the closing of the deal.
(50) The buyer's earnest money was held in an escrow account until the closing of the sale.
Escrow Account sentence examples
(51) The escrow account safeguards the buyer's investment until the transaction is complete.
(52) The escrow account was used to hold the funds until the buyer's financing was approved.
(53) The mortgage loan agreement includes an escrow account for property taxes and insurance.
(54) The escrow account ensures a fair and transparent transaction for both parties involved.
(55) The buyer's agent recommended using an escrow account to protect the client's interests.
(56) The attorney advised the client to deposit the settlement amount into an escrow account.
(57) The escrow account was established to hold the funds for the pending divorce settlement.
(58) The escrow account was used to hold the funds for the down payment on the vacation home.
(59) The reserve balance in the escrow account is used to cover property taxes and insurance.
(60) The seller requested that the buyer deposit the funds into an escrow account for security.
Sentence with escrow account
(61) The escrow account was set up to hold the funds for the pending settlement until approval.
(62) The funds in the escrow account are released upon successful completion of the transaction.
(63) The buyer's agent suggested using an escrow account to ensure a fair distribution of funds.
(64) The buyer deposited the funds into an escrow account to show good faith in the transaction.
(65) The escrow account was set up to hold the funds until the necessary repairs were completed.
(66) The lawyer held the client's money in an escrow account until the legal matter was resolved.
(67) The escrow account was used to hold the funds for the construction project until completion.
(68) The escrow account ensures that the seller receives payment only when the buyer is satisfied.
(69) The buyer's agent recommended using an escrow account to protect against any potential fraud.
(70) The escrow account provided a neutral third party to hold the funds until the terms were met.
Use escrow account in a sentence
(71) The escrow account was established to hold the funds for the purchase of the company's shares.
(72) The escrow account was used to hold the funds for the down payment on the commercial property.
(73) The seller agreed to release the funds from the escrow account upon completion of the repairs.
(74) The escrow account was established to safeguard the funds until the completion of the project.
(75) The court ordered the plaintiff to hold funds in an escrow account until the case was resolved.
(76) The seller requested that the buyer place a portion of the purchase price in an escrow account.
(77) The bank required the borrower to establish an escrow account for property taxes and insurance.
(78) The escrow account was set up to hold the funds for the purchase of the vehicle until delivery.
(79) The escrow account was set up to hold the funds for the pending inheritance until distribution.
(80) The bank required the borrower to contribute a certain amount to the escrow account each month.
Sentence using escrow account
(81) The escrow account ensured that the funds would be held securely until all conditions were met.
(82) The parties agreed to use an escrow account to hold the funds until the contract was fulfilled.
(83) The escrow account was established to hold the funds until all necessary documents were signed.
(84) The escrow account was established to hold the funds until the necessary permits were obtained.
(85) The escrow account guarantees that the seller will receive payment once the goods are delivered.
(86) The escrow account ensures that the buyer's payment is not released until the goods are inspected.
(87) The escrow account guarantees that the seller will not receive payment until the buyer is satisfied.
(88) The attorney held the client's retainer fee in an escrow account until legal services were rendered.
(89) The buyer can dispute the release of funds from the escrow account if the goods are not as described.
(90) The attorney advised the client to deposit the purchase price into an escrow account for safekeeping.
Escrow Account example sentence
(91) The escrow account provided a secure way to hold the funds until the necessary inspections were done.
(92) The escrow account provided a secure way to hold the funds until the closing documents were prepared.
(93) The seller agreed to release the funds from the escrow account upon receiving the necessary documents.
(94) The buyer can request an inspection of the goods before the funds are released from the escrow account.
(95) The seller requested that the buyer deposit the funds into an escrow account to demonstrate seriousness.
(96) The seller agreed to release the funds from the escrow account upon successful completion of the survey.
(97) The funds in the escrow account are released to the seller upon successful completion of the transaction.
(98) The seller agreed to release the funds from the escrow account upon successful completion of the repairs.
(99) The buyer's agent recommended using an escrow account to hold the funds until the appraisal was completed.
(100) The escrow account provided a neutral third party to hold the funds until all contingencies were satisfied.
(101) The escrow account was established to hold the funds until the necessary environmental assessments were done.
(102) The buyer deposited the funds into an escrow account to ensure that the seller would not back out of the deal.
(103) The seller requested that the buyer place the funds in an escrow account until the home inspection was completed.
(104) The escrow account was set up to ensure that the funds were released only upon satisfactory completion of the work.
Escrow Account meaning
Escrow Account: Tips for Usage in Sentences An escrow account is a financial arrangement where a third party holds and manages funds or assets on behalf of two parties involved in a transaction. This article aims to provide you with tips on how to use the term "escrow account" effectively in sentences.
1. Define the Term: When introducing the term "escrow account" in a sentence, it is essential to provide a clear definition.
For example, "An escrow account is a secure financial arrangement where a neutral third party holds funds until the completion of a transaction."
2. Explain the Purpose: To enhance understanding, it is helpful to explain the purpose of an escrow account in a sentence. For instance, "The purpose of an escrow account is to protect both the buyer and the seller by ensuring that funds are securely held until all conditions of the transaction are met."
3. Highlight Real Estate Transactions: Escrow accounts are commonly associated with real estate transactions. To illustrate this connection, you can use a sentence like, "When purchasing a house, it is common practice to establish an escrow account to hold the buyer's earnest money until the closing process is completed."
4. Emphasize Security: One of the key benefits of an escrow account is its security. To convey this aspect, you could say, "By utilizing an escrow account, parties involved in a transaction can have peace of mind knowing that their funds are held securely by a neutral third party."
5. Mention Legal and Financial Transactions: Escrow accounts are not limited to real estate; they are also used in various legal and financial transactions. To demonstrate this versatility, you can use a sentence such as, "In legal matters, an escrow account is often established to hold funds until all legal obligations are fulfilled."
6. Discuss Disbursement of Funds: When discussing the disbursement of funds from an escrow account, you can use a sentence like, "Once all conditions of the transaction are met, the escrow account holder releases the funds to the designated recipient."
7. Address Escrow Agents: Escrow accounts are typically managed by escrow agents. To acknowledge their role, you can say, "The escrow agent is responsible for overseeing the escrow account and ensuring that all parties adhere to the agreed-upon terms."
8. Mention Timeframes: To provide a better understanding of the duration of an escrow account, you can include a sentence like, "The length of time an escrow account remains open depends on the complexity of the transaction, but it is typically until all contractual obligations are fulfilled."
9. Discuss Escrow Account Requirements: In some cases, there may be specific requirements for establishing an escrow account. To address this, you can use a sentence such as, "In certain financial transactions, a minimum deposit may be required to open an escrow account."
10. Highlight Benefits and Risks: Lastly, it is important to mention the benefits and potential risks associated with using an escrow account.
For example, "While an escrow account provides security and ensures a fair transaction, it is crucial to carefully review the terms and conditions to mitigate any potential risks."
In conclusion, using the term "escrow account" effectively in sentences involves providing a clear definition, explaining its purpose, highlighting its association with real estate, emphasizing security, discussing disbursement, acknowledging escrow agents, mentioning timeframes and requirements, and addressing benefits and risks. By following these tips, you can effectively incorporate the term "escrow account" into your writing.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Escrow Account. They do not represent the opinions of TranslateEN.com.