Articles
Non-Performance Of Obligation
In an escrow contract, the escrow agent holds funds or property on behalf of the parties to the contract, with the understanding that the funds or property will be released to the appropriate party once certain conditions have been met. If one of the parties to the...
Crypto Escrow Agreement
A crypto escrow agreement is a type of contract that is used to safeguard the interests of both the buyer and the seller when conducting a transaction involving cryptocurrency. In this type of agreement, the buyer and seller agree to put the cryptocurrency being...
Advantages Of Escrow Agreement
In Turkey, as in many other countries, the use of escrow can provide several advantages for both buyers and sellers in a transaction. Some of the potential benefits of using escrow in Turkey include: Increased security: Escrow can provide an added layer of security...
Letter of Guarantee In Escrow Services
In Turkey, a bank guarantee letter (also known as a “letter of guarantee”) is a document issued by a bank that provides a guarantee to a beneficiary (the recipient of the guarantee) that a specific obligation or debt will be fulfilled. The bank guarantees that if the...