Outrageously Funny Word Dictionary :: Escrowee

👉 Escrowee is a person or entity that acts as an intermediary between buyers and sellers in a real estate transaction, ensuring that both parties have fair and equitable dealings. The term comes from the Latin word "escrow," which means "deposit" or "depositary." In real estate transactions, escrowees typically act as intermediaries between buyers and sellers to ensure that all financial obligations are met before the sale of a property is finalized. This can include depositing funds in an escrow account

escrowee