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City of Lambertville. Escrow New Account Form. Applicant. DBA (Doing Business as). Block and Lot number. Address. City. State. Zip. Tax ID Number.
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An escrow account is a temporary account held by a third party to facilitate a transaction between two parties, ensuring that funds or assets are held securely until the transaction is completed.
The parties involved in a transaction where an escrow account is used are typically required to file the necessary documents and information related to the account.
To fill out an escrow account, you need to provide the required information and documents, such as the details of the transaction, the parties involved, and any relevant terms and conditions specified by the escrow agreement.
The purpose of an escrow account is to protect the interests of both parties involved in a transaction by ensuring that funds or assets are held securely until all contractual obligations are fulfilled.
The information that must be reported on an escrow account typically includes details of the transaction, such as the amount of funds or assets held, the parties involved, and any relevant dates and references to the underlying agreement.
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