Terms and Conditions for EscrowShield
Effective Date: April 15, 2020
Welcome to EscrowShield, a leading provider of escrow services. By using our services, you agree to be bound by these Terms and Conditions.
1. Services Provided
EscrowShield offers a secure, neutral platform to facilitate transactions between buyers and sellers. We hold funds, assets, and relevant documents in escrow until all agreed-upon conditions are met, ensuring a smooth and secure exchange.
2. Eligibility
To use our services, you must be at least 18 years of age and have the legal capacity to enter into a binding contract. EscrowShield reserves the right to refuse service to anyone, at our sole discretion.
3. Escrow Process
a. Deposit: The buyer or payer will deposit the agreed-upon funds or assets into the EscrowShield account.
b. Verification: EscrowShield will verify the deposit and the transaction details provided by the parties.
c. Release: Once all conditions are met, EscrowShield will release the escrowed funds or assets to the appropriate party.
d. Cancellation: If the transaction cannot be completed as agreed, EscrowShield will refund the escrowed funds to the rightful party, as determined by our review of the circumstances.
4. Fees
EscrowShield charges fees for our services, which are disclosed and agreed upon before the transaction begins. Fees may vary depending on the transaction type and complexity.
5. Limitation of Liability
EscrowShield's liability is limited to the amount of the escrowed funds or assets. We are not responsible for any indirect, special, or consequential damages arising from the use of our services.
6. Indemnification
You agree to indemnify and hold EscrowShield harmless from any claims, damages, or expenses (including reasonable attorney's fees) arising from your use of our services or violation of these Terms and Conditions.
7. Termination
EscrowShield reserves the right to terminate or suspend your access to our services at any time, for any reason, including if we reasonably believe you have violated these Terms and Conditions.
8. Governing Law and Jurisdiction
These Terms and Conditions are governed by the laws of the jurisdiction where EscrowShield is headquartered. Any disputes will be resolved in the courts of that jurisdiction.
9. Modifications
EscrowShield may update these Terms and Conditions from time to time. We will notify you of any material changes by posting the updated terms on our website or by other means of communication.
10. Contact Us
If you have any questions or concerns, please contact our Customer Support team at support@escrowshield.com.
By using EscrowShield's services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.