What is escrow and how does it work? 
What are the advantages of escrow design?
In what cases an escrow agreement is preferable to other types of transactions? It gives clear benefits in several situations.
For example, when there is an “exclusive” legal regulation established by law for the property being deposited.
Or when it is necessary to independently determine the basis for full payment. An escrow agent performs a compliance check on the fact of the property specified in the list or the occurrence of legal actions, for example, a change of management or shareholders.
When concluding an escrow-agreement, the beneficiary is insured against default by the depositor, regardless of the complexity of his economic situation, force majeure, etc.
For the debts of the beneficiary, a claim is made on his claim to the escrow agent for the transfer of the deposited property. This scheme allows you to insure the safety of assets, for example, when buying a business or at different stages of a complex transaction.
This construction also works well under lease agreements, where part of the rent may be deposited, and the contract provides for the return to the tenant of this amount in the absence of damage to property during the lease. If the leased property is damaged, the lessor will receive the deposited amount. It will act as a kind of insurance against possible damage.
Escrow agreements are also convenient to use in inter-creditor agreements. The debtor reimburses the escrow agent's debt, and he acts as an intermediary distributor between creditors under the contract in fulfillment of obligations for debts.
Very important information for the beneficiary: it is impossible to collect, arrest or take other measures in respect of the deposited property on the debts of the depositor or escrow agent. The law determines this measure in respect of any property, therefore, the funds deposited are also protected.
Before becoming the members of Alliance Family Club, we had a few years of vacationing, buying trips from a tour operator. We shudder at the memories of our last trip to Turkey by this tour operator. We were brought to the hotel, but were denied its services, because it turned out that the tour operator had not transferred the money for accommodation. This was exactly the moment when this operator went bankrupt, and thousands of families were in the same situation in Turkey, Egypt and other countries. After all this, of course, we liked the idea of owning our own accommodation in the Club, wherever we went on vacation. Moreover, it is especially nice to know that thanks to the trust management of Global Actual Services we are protected from the influence of any force majeure.
The Gritsenkos family (Ukraine)
The members of the club, the owners of T2