in escrow

Idioms  

1. In trust with a third party for delivery after certain conditions are fulfilled. For example, Our down payment on the house is in escrow until the current owner makes the promised repairs. This legal term dates from the late 1800s.

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Example Sentences

But my girlfriend’s mom was a realtor, and after about a year of us paying for this place, she realized that the house itself was in escrow.

From Los Angeles Times

Side was treated as a leading entrepreneur in the business: In May 2024, she appeared on a panel titled “Challenges in Escrow Management: Nightmare Cases.”

From The Wall Street Journal

Like thousands of other couples who have navigated the intensely intimate, complex and almost entirely unregulated process of surrogacy, Gallozzi and her husband had placed those funds in escrow.

From The Wall Street Journal

But so, too, do signs that read “for sale” or “in escrow.”

From The Wall Street Journal

The letter questioned why LA28 isn’t paying the city up front for costs, using money in escrow, and asked if LA28 has provided the city with a budget for security, transit and sanitation.

From Los Angeles Times