escrowee

Definition of "escrowee"
  1. A person or entity with the responsibility of holding an escrow transaction or property until the conditions of a contract are met
How to use "escrowee" in a sentence
  1. The escrowee is responsible for holding the buyer’s deposit until the sale is finalized.
  2. The escrowee handles the transaction until both parties have fulfilled their contractual obligations.
  3. The property was handed to the escrowee to complete the sale.

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