Okava

Payments & escrow

How Property Escrow Works

Typical Process

  1. Buyer and seller agree transaction terms.
  2. Funds are paid into an escrow account.
  3. Agreed conditions are verified.
  4. The escrow agent releases the funds in accordance with the escrow agreement.

Benefits

  • Independent holding of funds
  • Transparent release conditions
  • Greater confidence for both parties