Escrow is about trust and communication. Alltech National Title holds escrow in fully insured accounts with wire fraud protections on every transaction. One point of contact from earnest money through final disbursement.
All funds held in fully insured escrow accounts with complete audit trails from deposit through final disbursement.
Multi-step verification on every wire instruction — no exceptions. We do not release funds on unverified instructions regardless of how they arrive.
You’ll hear from us before you need to ask. Updates at every stage — deposit confirmation, contingency tracking, release notification.
We track the full escrow timeline — deposit, contingencies, release — and keep both parties informed at every step.
Commercial escrow is more complex than residential because you’re dealing with corporate entities, longer timelines, and larger sums. Escrow fees typically run 1–2% of purchase price and can sometimes be negotiated depending on transaction complexity.
Funds release within 2 business days of closing. Alltech is ALTA-certified and handles escrow as part of the full closing service or as a standalone engagement. If you need escrow-only services without a full title order, contact us to discuss the arrangement.
Commercial transactions involve corporate entities, larger sums, and longer timelines than residential deals. A professional escrow company acts as a neutral third party — verifying documents, tracking contingencies, and protecting the release of funds. ALTA membership signals the company meets industry standards for security and compliance. Handling escrow without a neutral party creates legal exposure for both sides.
Alltech releases funds within 2 business days of closing. Actual receipt depends on your bank’s wire processing timeline — most wires arrive same day or next business day once initiated. We notify both parties when funds are released.
Escrow fees typically run 1–2% of purchase price for commercial transactions. The rate can sometimes be negotiated based on transaction complexity, deal size, or whether escrow is part of a full closing engagement. Contact us with your transaction details for a specific quote.
No — there’s no legal requirement to use an escrow company. But without one, there’s no neutral third party to verify that all conditions have been met before funds are released. That exposes both the buyer and the seller to risk. Most lenders also require a licensed escrow holder as a condition of the loan.
The buying entity owns the escrow funds until the deal closes and funds are properly released per the purchase agreement. Alltech holds the funds in a segregated, insured escrow account — they are never commingled with operating funds and are only disbursed when all closing conditions are satisfied.
Questions about escrow for your transaction? Use the form or call (703) 934-2100.