Some banks also offer these services through a trust account, also known as the parent account, where funds are deposited that come only under certain conditions. Although it is an English term, Treuhand is often used in Spanish for employment contracts, especially when it comes to temporary and specific tasks for which there is no subordination link between the employer and the worker, guarantees the existence of the money to be paid, which reduces the chances of abuse of one of the parties. For example, a company that buys goods internationally wants to be sure that its counterpart can deliver the goods. Conversely, the seller wants to make sure that he is paid when he sends the goods to the buyer. Both parties can enter into a trust agreement to ensure delivery and payment. You can agree that the buyer deposits the money in trust with an agent and gives irrevocable instructions to pay the money to the seller as soon as the merchandise arrives. The agent – probably a lawyer – is bound by the terms of the agreement. Currently, the term escrow refers to a security device used in many commercial transactions. It is customary to employ notaries as custodians of vouchers, although the usual practice is generally, including as coordinator of the entire process for legal companies that offer trust services.
They`re the so-called trust agents. With regard to real estate sales, the agent has two uses: the first is to keep the deposit that the buyer and seller pay in good faith to prove that he will comply with the purchase or sale and that, if one of the parties regrets or does not do what it promised, it will be delivered to the other to compensate you for any inconvenience caused. Or escrow costuma in risco transa`s can be used to minimize visando prejuézos poss-veis. No case since escrow account, such as banks cobram taxas pela custédia da guaranteeda, or the use of the type of service e but comum em negociaes, which envelops large quantities. The negotiators escolhem, ent`o, for depositério escrow, the e uma parte neutra, a quem will adapt to custédia da guaranteea. He is usually an agent for banco, who is responsible for two securities filed, undertakes to cumprir as the regras signed no contract. If or the buyer is not responsible for pela possével despesa extra decorrente de fatos ao fechamento do negécio, cannot contain a contract uma clause that determines which part do pagamento will be fica en uma escrow konto até o fim do processo, von exemplo.