December 2024

Payment Escrow Agreements in Turkey Roles Responsibilities and Benefits

Payment Escrow Agreements in Turkey: Roles, Responsibilities, and Benefits

Payment Escrow Agreements in Turkey: Roles, Responsibilities, and Benefits An escrow agreement, also known as a “Turkey paymaster” agreement, is a legal arrangement to ensure secure and transparent transactions especially in high value transactions like real estate transactions. This agreement involves three main parties: the buyer, the seller and the escrow agent. Each party has […]

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