As a neutral third
party The Settlement Company® may receive buyer and seller funds for
disbursement when specific dates, terms and/or conditions are met.
The terms and
conditions for disbursement are outlined in specific instructions
drawn up by our escrow department and signed by the parties to the
All funds received
are deposited in U.S. trust accounts and a separate account is established
for each transaction involving the escrow of purchase funds. The recommended
method of deposit is through wire transfer from depositor's account
to company trust account. Disbursements are generally carried out
in the same manner.
disbursement of funds by third parties are regulated in Mexico under
Article 2569, Chapter II of the Civil Code (D.F.) and Articles 273
to 308 of the Commercial Code.
further information about Escrow,