Legal & Escrow
Wire the money without wiring blind.
Vestor was the first company to bring escrow into Ukrainian real estate, in 2020. Funds only move when the conditions of the deal are actually met.
Why it matters
The fear isn't irrational. The fix is structural.
01
No local bank account
Funds move through the escrow agent. You never need to open a Ukrainian account to close a purchase.
02
Funds stay restricted
Money held in escrow can only be released for this transaction. It isn't available to either party until conditions are met.
03
Hours, not weeks
Once conditions are fulfilled, funds and documents release the same day, without the drawn-out bank process.
How it works
Four steps. Funds move once.
01
Agreement signed
Buyer and seller sign an agreement with the escrow agent, setting the conditions for release.
02
Funds transferred
Buyer transfers the purchase price and closing costs into the escrow account.
03
Title verified
Seller transfers ownership documents to the agent, who verifies them against the agreement.
04
Released
Once conditions are met, documents go to the buyer and funds go to the seller, in the same transaction.
"We structure the transaction and coordinate both sides, but we never hold your money. That's the point of escrow."
Vestor.Estate, Legal & Escrow
FAQ
Questions buyers ask.
How do I know my money won't just disappear? +
Funds sit with an independent escrow agent, not with Vestor or the seller. They're released only when the agreed conditions are met and verified. It's the same mechanism used in escrow transactions worldwide, applied to Ukrainian real estate.
Do I need to understand Ukrainian property law to use escrow? +
No. The escrow agreement sets out exactly what needs to happen before funds or documents move. The agreement is the only document you need to read, and we go through it with you before signing.
How long does an escrow transaction take? +
Setting the agreement takes as long as both sides need to agree on terms. Once signed and funded, release happens in hours once conditions are verified, not weeks.
Who actually holds the funds during the transaction? +
An independent escrow agent, separate from both Vestor and the seller. Vestor structures the transaction and coordinates between parties, but does not hold your money at any point.
What happens if the deal falls through? +
If the conditions in the escrow agreement aren't met, funds are returned to the buyer and documents remain with the seller. Nothing releases unless both sides fulfill what they agreed to.
From the blog
Escrow, explained further.
Blog
Benefits Of Escrow In Real Estate
Escrow is when a neutral third party holds on to funds during a transaction. In real estate, it’s used as a way to protect both the buyer and seller during the…
April 2021
Read more →
Blog
Is Escrow In Ukraine Really Necessary?
In Ukraine, due to the recent Soviet past and, accordingly, the restructuring of the economic model of the state, the domestic business environment doesn’t comply with global standards.
March 2020
Read more →
Blog
The conquered peak: escrow in real estate
Imagine: some time ago, you finished dream renovation in the apartment you were going to let out, and everything there are beyond expectations.
May 2020
Read more →Ready to structure a purchase?
Tell us about the property and where you're buying from. We'll walk you through how escrow applies to your specific transaction.
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