What is a Escrow Account ?
An Escrow account is an account open by a broker under the provision of a licence law for purpose of holding funds on behalf of the brokers client or some other person until the consummation or termination of a transaction or a trust account held in the boeeower's name to pay obligations such as property taxes and insurance premium.
Which Site provided facility to open escrow account?
The best site for open escrow acount as per my knowledge is a escrow.com if you have a transaction bigger then 1000$ then it is better to use escrow.com in place of paypal.com for more detail regarding escrow visit escrow.com
What is a software Escrow?
Software escrow or a source code escrow is the deposit of the source code of software with a third party escrow agent. Escrow is typically requested by a party licensing software (the licensee), to ensure maintenance of the software. The software source code is released to the licensee if the licensor files for bankruptcy or otherwise fails to maintain and update the software as promised in the software license agreement.