Bulk Sale Escrow, also known as Business Opportunity Escrow, is a type of escrow agreement placed on the sale of inventory merchandise, business assets, goodwill, client list, or an entire company. The sale of a business does not include the transfer of real property (that is a separate escrow in itself). The escrow serves to protect the interests of unsecured creditors: it eliminates the risk that the seller of the assets will use the proceeds from the sale for purposes other than paying debts or taxes owed.
Because each bulk sale is unique, these escrows are among the most challenging escrow transactions to manage and close successfully. The knowledge and experience of our Escrow Officers makes us exceptionally qualified to handle these complex escrows, ensuring a smooth transaction from beginning to end.
Bulk Sale Escrow, also known as Business Opportunity Escrow, is a type of escrow agreement placed on the sale of inventory merchandise, business assets, goodwill, client list, or an entire company. The sale of a business does not include the transfer of real property (that is a separate escrow in itself). The escrow serves to protect the interests of unsecured creditors: it eliminates the risk that the seller of the assets will use the proceeds from the sale for purposes other than paying debts or taxes owed.
Because each bulk sale is unique, these escrows are among the most challenging escrow transactions to manage and close successfully. The knowledge and experience of our Escrow Officers makes us exceptionally qualified to handle these complex escrows, ensuring a smooth transaction from beginning to end.
