escrow process

The **escrow process** is a secure financial arrangement used to protect buyers and sellers during transactions. It involves a neutral third party, called an escrow agent, who holds funds or assets until all conditions of the agreement are met. This process ensures that both parties fulfill their obligations before the money or property is released, providing peace of mind and reducing risk. Commonly used in real estate, online sales, and large purchases, understanding the escrow process is essential for safe and successful transactions.