
Non-Realty Escrow
What Are Non-Realty Escrow Services?
Not all escrow needs involve real estate. Non-realty escrow services provide a secure, neutral third-party holding arrangement for funds and documents involved in transactions that do not include the sale or transfer of real property. Common uses include the sale of a business, transfer of personal property, equipment purchases, settlement agreements, earnest money for non-real estate deals, and other transactions where both parties benefit from a trusted neutral escrow agent.
Business Sale Escrow in Texas
When buying or selling a business in Texas, an escrow agent plays a critical role in ensuring the safe transfer of funds and business assets between parties. Cottonwood Title & Escrow acts as a neutral escrow holder for Texas business sale transactions, holding purchase funds, coordinating document delivery, and disbursing proceeds only when all conditions of the sale have been met by both parties.
Personal Property & Asset Escrow
Whether you are buying a valuable piece of personal property, funding a settlement agreement, or managing funds in a contractual arrangement that requires a neutral third party, our non-realty escrow services provide the security and documentation you need. We hold funds in a dedicated escrow account and disburse strictly according to the written escrow instructions agreed to by all parties.
Secure, Compliant Escrow Handling in Texas
All non-realty escrow accounts at Cottonwood Title & Escrow are maintained in compliance with Texas Department of Insurance (TDI) escrow account requirements. Funds are held in secure, insured accounts and disbursed only upon fulfillment of agreed escrow conditions. Our team provides clear documentation and regular communication throughout the escrow period, giving all parties peace of mind that their transaction is in safe hands.
