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Double Escrow
The definition for Double Escrow:
Two concurrent escrows on the same property, having the same party as buyer and seller of the property. Example: Escrow 1 -A buys from B. Escrow 2 -A sells the same property to C. A is using C's money to buy B's property. The process is illegal in many states unless full disclosure is made.
Similar MatchesDouble Declining Balance Method Of DepreciationDouble Declining Balance Method Of Depreciation A use of the declining balance method, but with double the depreciation allowable by straight line. An accelerated method.
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