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National Title Agency

National Title Agency

Submitted by • January 23, 2014

Escrow is also used in the field of automated banking, real estate and law. An unrelated type of escrow is when a purchaser of a complex system, such as bespoke process control software or a large industrial installation, may require the supplier to place the design into source code escrow, so that the purchaser remains in a position to maintain and modify the system in case of the demise of the supplier.

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Voted by jerryterrizo1032

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