Experienced escrow agent arrangements
You may need to establish an escrow arrangement if you and another party need certain property to be held by a third party (the “escrow agent”) until certain conditions are agreed upon. Property may be cash, insurance policies, securities, powers of attorney, licenses or real estate. The goal of an escrow arrangement is to reduce the risk for all parties involved in the transaction and ensure that financial or other obligations are met.
An escrow arrangement is a business solution that manages risk and provides peace of mind to all parties. RBC Estate & Trust Services1 can act as an escrow agent for individuals or corporations that require an escrow arrangement. As a corporate entity, we can provide:
1) Please note our legal entity, Royal Trust Corporation of Canada or The Royal Trust Company (in Quebec) can act as an escrow agent for individuals or corporations that require an escrow arrangement.