Commercial Escrow
Commercial escrow involves additional parties, documents, and negotiated terms. At Haven, we handle these complexities with a structured, detail-oriented approach to ensure all conditions are met with precision.
Open EscrowWho this service is for
Buyers & Sellers
Of commercial properties, including office, retail, and industrial spaces.
Real Estate Investors
Engaged in the acquisition or disposition of income-producing assets.
Business Owners
In transactions involving business assets tied to real property.
Property Managers
Involved in multi-unit residential or mixed-use property transactions.
Lenders & Brokers
Facilitating transactions that require customized coordination and neutral third party oversight.
What we handle during commercial escrow
Typical Commercial Escrow Timeline
While each transaction is unique, a commercial escrow process generally follows these key stages.
Escrow Opened
The process begins upon receipt of the mutually signed purchase agreement and initial deposit.
Escrow Opened
The process begins upon receipt of the mutually signed purchase agreement and initial deposit.
Document Coordination
We gather and manage all necessary documents, including entity paperwork, leases, and disclosures.
Document Coordination
We gather and manage all necessary documents, including entity paperwork, leases, and disclosures.
Condition Tracking
Contingencies, such as due diligence, financing, and inspections, are monitored to ensure timely removal.
Condition Tracking
Contingencies, such as due diligence, financing, and inspections, are monitored to ensure timely removal.
Funding Preparation
We coordinate with lenders and buyers to prepare for the transfer of funds and compile final closing statements.
Funding Preparation
We coordinate with lenders and buyers to prepare for the transfer of funds and compile final closing statements.
Closing & Disbursement
Once all conditions are met and funds are received, documents are recorded and funds are disbursed.
Closing & Disbursement
Once all conditions are met and funds are received, documents are recorded and funds are disbursed.
Important: This timeline is a general guide. Commercial transactions can vary significantly in length and complexity based on negotiated terms, property type, and financing arrangements.
Common Questions
How does commercial escrow differ from residential?
Commercial escrow often involves additional documentation, entity structures, and negotiated conditions, requiring more customized coordination.
Should I expect a longer timeline for a commercial transaction?
They can take longer, depending on financing, due diligence, and transaction complexity.
How do you coordinate with our attorneys and advisors?
We coordinate with all authorized parties as instructed, ensuring clear communication throughout the process.
Starting a commercial transaction?
Let our structured approach and clear communication bring stability and order to your next commercial real estate closing.