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2. Escrow - Wikipedia

   en.wikipedia.org/wiki/Escrow

   Escrow is an account separate from the mortgage account where deposit of funds occurs for payment of certain conditions that apply to the mortgage, usually property taxes and insurance. The escrow agent has the duty to properly account for the escrow funds and ensure that usage of funds is explicitly for the purpose intended.

3. Mechanic's lien - Wikipedia

   en.wikipedia.org/wiki/Mechanic's_lien

   A lien release, also known as a release of lien or a cancellation of lien, is a document that may be voluntarily provided by a lien claimant, such as a subcontractor, in exchange for payment or a promise of payment from a general contractor or a property owner. Negotiations may be tricky, as lien claimants generally want to be paid before they ...

4. Lien waiver - Wikipedia

   en.wikipedia.org/wiki/Lien_waiver

   Owners should demand this release when they are paid in full. Some states allow an Unconditional Release upon final payment that is used to induce the final payment. It is an inherent vagary in the lien release law. In the United States, some states only use a conditional waiver on progress payment and an unconditional waiver on final payment.

5. Escrow insurance: What is it and when you need it - AOL

   www.aol.com/finance/escrow-insurance-235640110.html

   Pros. Cons. When the homeowners insurance bill is due, the money should already be set aside to cover it as long as you have kept up on payments. There is a larger upfront payment with closing ...

6. Source code escrow - Wikipedia

   en.wikipedia.org/wiki/Source_code_escrow

   Source code escrow is the deposit of the source code of software with a third-party escrow agent. Escrow is typically requested by a party licensing software (the licensee), to ensure maintenance of the software instead of abandonment or orphaning .

7. Retainage - Wikipedia

   en.wikipedia.org/wiki/Retainage

   The contractor has a financial incentive to achieve completion as early as possible (to release the first moiety payment) and to minimise defects in the works (to achieve the second payment). [ 3 ] : 27 Retentions held against sub-contractors are also a key source of cash for main contractors, who may use them to finance new projects.