ESCROWS

ESCROWS

The liquidator provides liquid assets to an account opened in the name of the trust, with the purpose of guaranteeing to a third party (trustee)the fulfillment of a credit obligation in its favor. It is the ideal process aimed at fulfilling a condition, an event, a specific date, etc. (purchase of land in installments, purchase of land to free ejidos or liens, purchase of machinery, etc.).

Conditioned Deposits

Contract under which the client (depositor) delivers a certain amount of money to the trustee (depositary), who is obliged to receive it, to guard it and to deliver it to the beneficiary once a certain condition is fulfilled. If such condition is not fulfilled within a set period, the resources are returned to the depositor.