1. Scope
These terms apply to your use of this website and to escrow services provided by CORDIW LLC, trading as Cordiw Agency, of 970 Utica St, Denver, CO 80204. By opening a transaction request or using this website you accept them.
2. Our role
The parties to an escrow file are the buyer and the seller. We act as the neutral third-party escrow holder between them — never as a party to the sale itself. We do not represent the buyer or the seller. We do not give legal, tax, valuation or investment advice, we do not verify the quality, authenticity, condition or value of the asset, and we do not guarantee that either party will perform.
Our obligation is to hold funds in trust and to disburse or refund them strictly in accordance with the signed escrow instructions.
3. Eligibility and verification
- Parties must be at least eighteen years old and legally able to enter into a contract.
- Every named party must complete identity verification before funds are accepted.
- All parties are screened against OFAC and other applicable watch lists.
- We may decline or terminate any transaction, without giving reasons, where verification cannot be completed or where we believe the transaction is unlawful.
4. Funds
- Funds are held in a segregated escrow trust account and are not commingled with company operating funds.
- Funds must be remitted from an account in the name of the party on the file. Third-party remittances are returned.
- ACH transfers are treated as received only when cleared.
- No interest accrues to any party on funds held in escrow.
- We accept United States dollars only. We do not accept cash, cryptocurrency, gift cards or payment-app transfers.
5. Prohibited transactions
We will not act as escrow holder for, among other things:
- Cryptocurrency, digital tokens or forex trading
- Firearms requiring FFL transfer, ammunition, explosives and controlled substances
- Gambling proceeds, lottery claims and advance-fee arrangements
- Any transaction where a party is subject to sanctions or cannot be identified
- Any transaction we reasonably believe is intended to launder funds or evade tax
6. Fees
Fees are set out on our fee schedule and are confirmed on the escrow instructions before funding. Fees are earned when the file is funded and are non-refundable once the seller has been authorised to perform, except where we cancel the file for our own reasons. Cancellation, amendment and dispute administration charges apply as published.
7. Delivery, inspection and rejection
The inspection period, the delivery method and the return terms are those stated in the escrow instructions. A buyer who wishes to reject must do so in writing within the inspection period, stating the reason. Failure to respond before the deadline constitutes acceptance and authorises disbursement.
8. Disputes
Where the parties disagree, funds remain in the trust account. We apply the escrow instructions as written and do not decide the merits of the underlying deal. If the instructions do not resolve the matter, either party may submit the dispute to binding arbitration in Denver, Colorado, administered under the rules of the American Arbitration Association. Funds are released only on an arbitral award, a court order, or joint written instruction of the parties.
9. Limitation of liability
To the maximum extent permitted by law, our aggregate liability arising out of any transaction is limited to the escrow fee paid on that transaction. We are not liable for indirect, incidental or consequential loss, for loss of profit or opportunity, for the acts or omissions of the other party, for the condition or authenticity of any asset, or for delays caused by banks, carriers, registrars or government authorities.
Nothing in these terms limits liability for our own fraud, gross negligence or wilful misconduct.
10. Indemnity
Each party agrees to indemnify us against claims, losses and reasonable legal costs arising from that party's breach of the escrow instructions, from inaccurate information supplied to us, or from a dispute between the parties in which we are named.
11. Use of this website
Content on this site is provided for information and does not constitute an offer to act as escrow holder for any particular transaction. You may not attempt to interfere with the site, submit false information through its forms, or use automated means to submit requests.
12. Governing law
These terms and any escrow instructions are governed by the laws of the State of Colorado, without regard to conflict-of-law principles. Subject to the arbitration provision above, the state and federal courts sitting in Denver County, Colorado have exclusive jurisdiction.
13. Documents
The escrow agreement we use is published in full so that both parties — and their counsel — can read it before a file is opened. It sets out how the funds are held, what triggers a disbursement, and the escrow agent's duties and limits of liability.
Escrow Agreement (Holdback Addendum) PDF · 3 pages · opens in a new tab
The copy published here is the blank form. The operative document on your transaction is the one both parties sign, completed with the amounts, deadlines and release conditions agreed for that file.
14. Contact
CORDIW LLC
970 Utica St, Denver, CO 80204
(719) 345-2298 ·
info@cordiwagency.com