New escrow services now available in Vallarta / Riviera Nayarit
A joint venture between locally based Connell & Associates and Thomas Title & Escrow (headquartered in Dallas, Texas), has created a new escrow company to service the local region, as well as, all of Latin America.
The primary objective of TLA Services is to provide best-in-class escrow services to help their clients safely and securely navigate the often complicated world of commercial and residential transactions.
TLA offers procurement escrow services for many types of transactions, such as the payment of notary and government fees in business transactions, attorney fees, contractors, bank trust fees, property taxes and other annual fees, insurance policies and the management and supervision of accounts collectables/receivables.
The demand for a secure manner to compensate third parties in Mexico and Latin America has increased, in part, as a result of legal and regulatory changes regarding foreign investment. TLA, as an intermediary, allows an efficient and secure mechanism to ensure that contracting parties receive the benefit of what they bargained for. They help their clients navigate cultural, financial and practical issues involved that can arise when doing business in Mexico or Latin America, or especially, in a foreign language.
TLA is a U.S.-based company which states that they provide U.S.-style escrow services to settle transactions with safety, security and flexibility. Clients’ escrowed funds are held in U.S. bank accounts which is insured by the Federal Deposit Insurance Corporation (FDIC), and their affiliates are licensed and regulated by multiple regulatory agencies in several U.S. states. TLA also provides a layer of additional security to ensure sensitive bank account information in international transactions is secure.