It is the best option to ensure the mutual trust of the parties, since the funds payment is made only when the parties fulfill their contractual obligations.
The buyer and the seller of real estate agree on the transaction
The buyer and the seller of real estate address to RADABANK for making a accounts settlement using escrow account
RADABANK on the basis of the escrow account agreement and the sale contract opens the escrow account to the buyer
The real estate sale contract notary registration
The seller contacts the Bank and provides documents confirming the transaction fact under the escrow account agreement
The Bank transfers funds to the seller’s account or issues them in cash.
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