SERVICES
Escrow Services From The Experts
Allison-McCloskey is an escrow agency that has successfully handled thousands of escrows over our company’s rich history. Below is a list of the different types of escrow services we provide to our customers:
Holding Escrows (Personal Property Escrows)
Holding escrows does not involve the transfer or encumbrance of real estate. A Holding Escrow is a two party agreement to hold funds or documents pending the satisfaction of condition.
Allison-McCloskey Escrow Company is a recognize escrow agency and authority in the area of Holding Escrows. We provide qualified, insured, professional and compassionate holding services for a wide array of circumstances.
A Holding Escrow is a unique service that can only be provided by a licensed, insured and bonded company with experience. With strict privacy, experience and insured requirements, Allison-McCloskey Escrow Company consistently exceeds industry standards.
Whether complex or simple, allow our seasoned professionals to guide you through the process, thus showing you why so many turn to our expertise and reliability to get the job done.
Examples of the different types of Holding Escrows that Allison-McCloskey Escrow Company handles are as follows:
- Vessels
- Hangars
- Disputes
- Stock Sales
- Surrogacy Funds
- Rental Deposits or Leases
- Holding Documents & Plans
1031 Exchanges
A 1031 exchange is also known as a Tax Deferred Exchange. Under the Internal Revenue Code §1031, an Exchanger may defer the gain realized by reinvesting the revenue of a property sale in a “like-kind” property. By reinvesting the proceeds, the Exchanger doesn’t have to pay a capital gains tax.
Residential & Commercial Real Estate
Real estate escrow is an important step in ensuring a smooth transfer of property deeds and payments. Allison McCloskey Escrow Company has experienced escrow officers to help execute your upcoming escrow efficiently. Our agents are well-versed in escrow services, as well as residential and commercial real estate.
Bulk Transfer & Transfer of Alcoholic Beverages
Selling a business is different from real estate since business are defined as personal property. The escrow process for businesses is outlined under the Bulk Sale Code in the Uniform Commercial Code of California. Allison-Mccloskey Escrow Company will walk you through each step of the bulk transfer process.
1031 Exchanges
A 1031 exchange is also known as a Tax Deferred Exchange. Under the Internal Revenue Code §1031, an Exchanger may defer the gain realized by reinvesting the revenue of a property sale in a “like-kind” property. By reinvesting the proceeds, the Exchanger doesn’t have to pay a capital gains tax.
