Tiffany Title Company

Our team has a deeply rooted and long-standing culture of supporting real estate agents as a value-add partner in providing them with the tools and resources necessary for real estate agents to achieve success on each and every transaction. We combine the important aspects of good old customer service and leverage that with modern thinking about meeting the needs of real estate agents and their customers through the use of technology and workflow to provide the real estate agents and their clients with the smoothest, most convenient settlement experience in the industry.
Accurate and timely communication with real estate agents and their customers with updates in the transaction and solving problems throughout the settlement process as presented are the foundation of providing a smooth settlement experience for real estate agents and their customers. We support real estate agents not only in ensuring their transactions are completed smoothly, but we recognize our role in providing value to them as professionals and their business. We provide continuing education for real estate agents in many topics across many jurisdictions.

We exceed the title industry norms of ensuring that private information of you and your customer are protected. We take seriously our obligation to real estate agents, consumers, and lenders in ensuring this protection. We invest our time, effort and thought process to ensure maximum protection of information and funds in today’s world of the fully electronic transaction. We are proud to be an industry leader in this area.

What is an Offshore International Escrow?

Escrow is a way of transferring or exchanging property or money using a neutral third party called the escrow holder. Escrow provides the buyer and seller with the means of protection in the handling of funds, assets and/or documents. Escrow enables the buyer and the seller to transact business with each other through a neutral party, thereby minimizing risk. Escrows are established to hold original documents, real estate deeds, titles to property, money or securities until conditions stipulated by both the buyer and seller are fulfilled and the items are released or exchanged. Placing the payment into the escrow is usually one of the most important demands placed on the buyer but other conditions are of course possible as well. The escrow holder is not a title insurance agency and does not guarantee that there is a clear title to any property real or otherwise being transferred. It is suggested that title searches be conducted by the buyer before the escrow is opened.
We can assist with the retention of experts in the various related fields and jurisdictions.

Escrow Secrecy.

The escrow agent does not have any obligation to report the transaction to any person or entity and in fact the terms of the agreement can include a confidentiality clause.The offshore escrow provides a
secure and private means to accomplish a sale of an asset.

The Agreement.

The Purchase and Sale Agreement serves as the primary escrow instructions for both the seller and the buyer. It should contain all the agreements, terms, stipulations, conditions etc. of the parties. The escrow agent holds monies and legal documents on behalf of the buyer and seller and handles them according to their mutually agreed upon instructions. Escrow cannot be unilaterally revoked once it is opened and funds and documents are in the escrow. In the event of a disagreement the escrow can only be amended, changed or revoked by mutual agreement of the parties to the escrow. The agreement in its original form can contain conditions for either of the parties to back out of the escrow. The escrow agent is not authorized to comply with any instructions or demands made by any third person who is not a party to the escrow. An escrow is beneficial to both parties as a neutral party will be holding the documents, processing payments, and maintaining an accounting of transactions all with privacy.

A Summary of the Escrow Process.

The principals to the escrow – buyer, seller, lender, borrower, etc. – cause escrow instructions,most usually in writing, to be created, signed and delivered to us. We process the escrow arrangement, in accordance with the escrow instructions, and when all conditions required in the escrow are met or achieved, the escrow will be "closed." Each escrow, although following a similar pattern, will be different in some respects, as it deals with your property and the transaction at hand. We draft the paperwork which is tailor made to your particular case. Our duties include:

•following the instructions given by the principals and parties to the transaction in a timely manner;
•handling the funds and/or documents in accordance with the instructions;
•paying all bills as authorized;
•responding to authorized requests from the principals;
•closing the escrow only when all terms stipulated in the escrow are satisfied;
•distribute or pay the funds in accordance with instructions and provide an accounting forsame in the
Closing or Settlement Statement.

Closing the Escrow.

Once the terms of a transaction are confirmed between the parties through the sales agreement, neither party can change the terms of the agreement without both parties agreeing in writing. This effectively prevents either the buyer or seller changing the agreement for some advantage. Once the Agreement has been signed by both parties the transaction can go ahead quickly, safely and efficiently without disturbance.