Escrow Services
Trayber Law Group acts as the neutral third party that holds the funds and documents in your transaction until every term of the agreement has been met. Nothing is released until the purchase price, the closing costs and the transfer of ownership have all been handled correctly, which protects both buyer and seller from fraud and from other problems that can arise during the process.
Led by a practicing attorney
10+ years in real estate and law
Florida Bar Rules of Conduct
English, Russian, Ukrainian
What are escrow services?
We provide escrow services to ensure a secure transfer of property between buyers and sellers. As a neutral third party, we hold funds and documents related to the transaction until all terms of the agreement are met. The Trayber Law Group team ensures that every aspect of the transaction is completed thoroughly and accurately, including payment of the purchase price, closing costs, and the transfer of ownership. This safeguards both parties from fraud or other issues that may arise during the process.
What does the escrow holder actually do?
It holds both sides of the deal until each side has performed. We hold the funds and the transaction documents as a neutral third party, and confirm that every aspect of the transaction has been completed thoroughly and accurately before anything is released.
When are the funds released?
Once all terms of the agreement have been met. At closing, all funds relating to the purchase and sale are disbursed in accordance with the settlement statement, which we prepare as part of the closing document set.
What does escrow protect you against?
Because a neutral third party confirms performance on both sides before money or a deed changes hands, escrow safeguards buyer and seller alike from fraud and from other issues that may arise during the process.
How a transaction runs from offer to post-closing
Most matters follow the same eight stages: offer, contract, due diligence, financing where it is needed, clearing title conditions, document preparation, closing and post-closing. Each stage and what we do in it is set out in full on our About page.
See the eight stages in detail →
Frequently asked questions
Who controls the escrow funds?
We do, as a neutral third party. We hold both the funds and the transaction documents, and release them only once the terms of the agreement have been satisfied.
What is paid out at closing?
The purchase price and the closing costs. All funds relating to the purchase and sale are disbursed in accordance with the settlement statement, which we prepare as part of the closing document set.
Does escrow protect me from fraud?
That is what it is designed to do. A neutral third party confirms that each side has performed before any money or deed changes hands, which safeguards both parties from fraud and from other issues that may arise during the process.
Talk to an attorney about your matter
Call the office, or send a message and we will come back to you. Meetings are available at our Aventura office or online, in English, Russian or Ukrainian.