The climax of any real estate transaction—the moment where money and title must change hands—is also the moment of maximum risk. This is where the fundamental dilemma of trust arises between buyer and seller: who goes first? The buyer fears paying for a property and never receiving the title, while the seller fears transferring the title and never receiving the funds. This classic standoff can derail even the most well-negotiated deal. Legal Sandbox enters this critical phase as the trusted, neutral third party—your institutional shield, eliminating this risk entirely through our professional escrow services.
Our function as your escrow agent is to build a bridge of security over the trust gap between buyer and seller. The process is simple, transparent, and legally robust. First, we draft a legally binding escrow agreement that defines the single condition for the release of funds: the flawless registration of the property title in the buyer's name at the National Agency of Public Registry (NAPR). The buyer then transfers the purchase funds into a dedicated, segregated client account held by Legal Sandbox, where they are locked until the terms are met. The moment we receive official confirmation from NAPR that the title has been successfully transferred to the buyer, we immediately and automatically release the funds to the seller.
Ultimately, Legal Sandbox's escrow service provides absolute peace of mind. It removes all doubt, eliminates the risk of fraud, and transforms the stressful closing process into an orderly, predictable, and completely secure procedure. We provide transactional certainty, ensuring the deal closes exactly as intended, with zero risk to either party.