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Categories faq: Software Escrow

What are the risks of using software escrow?

There are a few risks associated with using software escrow, including:

The escrow agent may not be able to protect the software from fraud or theft
The escrow agent may not be able to deliver the software on time or in working order
The escrow agent may not be able to resolve disputes between the developer and the buyer

What are the costs of software escrow?

The cost of software escrow varies depending on the type of escrow.

What are the different types of software escrow?

There are two main types of software escrow:
Single-party escrow: This is the most common type of escrow. In single-party escrow, the software developer is the only party that has access to the software.
Multi-party escrow: In multi-party escrow, the software developer, the buyer, and a third-party escrow agent all have access to the software.

What are the benefits of using software escrow?

There are many benefits to using software escrow, including:

Protection against fraud and theft
Assurance that the software will be delivered on time and in working order
Reduced risk of disputes
Increased flexibility for both the developer and the buyer