ESCROW SERVICES
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BULK SALES
A Bulk Sale (Asset Sale) escrow is a specialized process designed to securely transfer a business without a liquor license (in accordance with the Uniform Commercial Code) or with a liquor license (in accordance with the Business and Professions Code). Our role is to protect all parties by holding funds and/or documents in a neutral 3rd party escrow. We coordinate in obtaining the required notices and releases, and ensuring that outstanding debts, taxes and obligations are complied with in accordance with the Escrow Instructions. Our expertise and experience assures a timely efficient close.
LIQUOR LICENSES
In California, Department of Alcoholic Beverage Control regulates the transfer of a liquor license. We handle many types of license transfers including Off Sale General License, On Sale General License, Off Sale Beer and Wine License, On Sale Beer and Wine License, Breweries and Distilleries. Our team ensures every step of the transfer is handled accurately, timely and in accordance with Department of Alcoholic Beverage Control requirements.In California a company is required to be able to transfer a liquor license from one person to another. We help guide you through the ABC license transfer process from start to finish.
Our team ensures every step is handled accurately, keeping your transfer smooth, compliant, and on track.
HOLDING DISBURSEMENT ESCROW
When you need a Neutral third party, Our holding escrow services are designed to securely manage and disburse funds and/or documents for construction projects, court judgments, Settlement Agreements, rental payments, tenant improvements, State and County Agency Projects and more—always in accordance with your agreed terms and conditions.We tailor your escrow instructions to meet your specific needs, ensuring clarity and protection for all parties. When it’s time to release funds, we coordinate a mutually signed authorization to complete the transaction and close escrow.
Do you have a different type of situation? We’re here to help. Contact us today to discuss your custom escrow needs and we’d be happy to guide you through the process.
Do you have a different type of situation? We’re here to help. Contact us today to discuss your custom escrow needs and we’d be happy to guide you through the process.
STOCK SALE OR LLC MEMBERSHIP ESCROW
A stock sale or LLC membership sale escrow is used when ownership of a corporation is transferred through the sale of shares (stock or membership interests) rather than the sale of ownership business assets.In this type of transaction, the legal entity itself remains intact, the stock sale or the LLC membership Interest transfer. Escrow acts as a neutral third party to securely hold funds and/or documents complete state and county searches, reach out to state agencies to ensure accounts are paid current and to issue all documents, and ownership certificates and all terms of the agreement are satisfied, in accordance with the Escrow Instructions.