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Word for the week
of
July 20, 2009
Do you know what this word
means?
Escrow
Click on the correct answer:
A. The general arrangement under
which a legal document or property is delivered to a third party until the
occurence of a condition.
B. Reversion of property to the state
upon the death of an owner who has neither a will nor legal heirs.
C. An equitable doctrine by which
some courts deny relief to a claimant who has unreasonably delayed or been
negligent in asserting a claim.
For
more test words go to Archives
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