double escrow - (also called "back-to-back escrow") set of escrows in which party A agrees to purchase property owned by party B using one escrow and simultaneously agrees to sell the property to party C at a higher price using a separate escrow. Double escrows present opportunities for fraud, and real estate licensees are generally under an affirmative obligation to disclose the existence of a double escrow to all parties when they are aware of it.

© 2004 Bella Vista Publishing Company, Inc.  ISBN 0-9718225-0-6

.
	Copyright Protection:   This real estate web site is created in the United States of America and protected by copyright laws.  Permission should be obtained prior to any reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording or likewise.
.