Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

People use the escrow process in the international trade, stock market and, most commonly, real estate arenas. Prospective homeowners go through the escrow process when they close on the sale of a ...

An escrow account, also known as an impound account, is a holding area for assets that can be traded, such as money or stocks. In the case of real estate, a lender might require higher-risk borrowers ...

The word "escrow" floats around often in the world of real estate, but do homebuyers really know what it means? According to a recent survey conducted by property tax services provider LERETA, only 52 ...

Placing the source code of programs written by a software vendor into the hands of a third party throughout the development process and/or the term of the license. If the vendor goes out of business ...