Join Date: Dec 2003
Thanked 38 Times in 37 Posts
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Re: Any safe way to buy a boat when neither of you live close?
I think an escrow company could probably handle it. The following is from the Washington State Escrow Association.
What is Escrow ?
Disinterested Third Party Escrow means any transaction wherein any person or persons for the purpose of effecting and closing the sale, purchase, exchange, transfer, encumbrance, or lease of real or personal property to another person or persons, delivers any written instrument, money, evidence of title to real or personal property or thing of value to a third person to be held by such third person until the happening of a specified event or other performance of a prescribed condition or conditions, when it is then to be delivered by such third person, in compliance with instructions under which he is to act, to a grantee, grantor, promise, promisor, obligee, obligor, lessee, lessor, bailee, bailor, or any agent or employee thereof.
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