43-4-11. Escrow delivery of grant.
48 words·~1 min read·
/sd/title-43/chapter-43-4/43-4-11A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A grant may be deposited by the grantor with a third person, to be delivered on the performance of a condition, and on delivery by the depository, it will take effect. While in the possession of the third person and subject to condition, it is called an escrow.