CLEAR ANSWERS TO CRUCIAL QUESTIONS
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Escrow is a financial arrangement in which a neutral third party holds funds, documents, or assets on behalf of two parties involved in a transaction until all conditions of the agreement are met. Once the conditions are satisfied, the escrow agent releases the funds or assets to the appropriate party.
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Escrow provides security for both parties, prevents disputes, and ensures legal compliance.
Escrow ensures that buyers’ funds are only released once all conditions are met, while sellers have confirmation that the buyer can complete the transaction. This removes the need for trust-based dealings. It also protects both buyers and sellers from financial risk by securely holding funds until all terms are fulfilled, reducing the chances of fraud or lost deposits. Licensed escrow companies like TLA follow strict regulations, including anti-money laundering laws and fraud prevention, ensuring a professional and legally sound transaction.
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Escrow services for real estate closings typically involve holding funds on behalf of both parties under a written agreement, ensuring they are securely transferred only when all conditions are met. Once all terms are satisfied and the transfer of property has taken place, the escrow company releases funds, ensuring a smooth and trustworthy transaction.
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At TLA, your security is our priority. We will NEVER email changes to wire instructions.
To safeguard sensitive information, we use Citrix ShareFile, a secure client portal. Wire instructions will only be communicated through this portal, and we strongly encourage clients to use it for sharing personal information as well. Email should never be used for sensitive communications, as accounts can be compromised.
If you receive an email requesting changes to wire instructions:
✔ Call your Escrow Processor immediately at +1 (214) 833-2822 to verify.
✔ Use only this official number—never trust phone numbers in suspicious emails.
Stay vigilant and always verify before sending funds.
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In many Latin American countries, a notario plays a crucial role in property transfers, certifying the transaction and ensuring its authenticity. This process provides judicial certainty but differs from the U.S., where title companies often guarantee transactions.
Unlike in the U.S., public registries in Mexico and most Latin American countries do not offer monetary indemnification for title defects or errors. Buyers should conduct thorough due diligence and consider additional protections, such as escrow services, to safeguard their investment.
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TLA offers multi-currency escrow accounts at our U.S. FDIC-insured banks, supporting:
Mexican Pesos (MXN)
Canadian Dollars (CAD)
British Pounds (GBP)
Euros (EUR)
U.S. Dollars (USD)
Our secure escrow services ensure smooth transactions in these currencies, providing flexibility for international clients.
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No, TLA does not accept Bitcoin or other forms of cryptocurrency at this time.
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TLA facilitates transactions worldwide, handling engagements in both domestic and international jurisdictions. Since our inception, we have successfully managed transactions across dozens of countries, providing secure and reliable escrow services for global clients.