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What Is the Function of Escrow?

An escrow is a neutral place where the parties to a purchase and sale agreement and deposit documents, money and other miscellaneous items with a third party who only delivers them to the other party to the transaction upon the occurrence of certain conditions. In California, the typical escrow involves the buyer’s deposit of the purchase money in exchange for the seller’s deposit of the deed for title to the property.   Usually the delivery of these items are concurrent conditions of escrow. The idea being that neither party is compelled to perform until they have assurance that the other party is concurrently performing. The escrow holder is typically the agent of both parties upon their submission of instructions, documents and funds to the escrow.   Accordingly,

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Zachary D. Schorr’s Expert Appearance on the Dr. Phil Show

Zachary D. Schorr’s Expert Appearance on ABC’s Nightline

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Zachary Schorr Superlawyers

Zachary D. Schorr has been named to the Southern California Super Lawyers (Rising Stars) list for attorneys in Real Estate for 5 straight years - 2012, 2013, 2014, 2015 and 2016. Each year, no more than 2.5 percent of the lawyers in the state receive this honor. In 2016 he was also included as one of the top 100 lawyers in Southern California in this category. The selection for this respected list is made by the research team at Super Lawyers.

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Zachary Schorr Avvo Client's Choice Award