Category: Escrow

Do I need a contract for my website?

Website & Software Contracts The following is a general guide as to what should be discussed between the purchaser and developer when contemplating entering into a website or software one of the above contracts. Website and software development contracts are often seen as complex and time consuming to negotiate and put together as the interests of the purchaser and the developer differ significantly.

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Website Code and Escrow

What is code? The user may in certain circumstances require access to the inner workings of the software. These are the lines of code in which the software is written, which constitute the instructions that the software gives to the system in order to produce the desired result. These instructions exist in two versions. In the form in which they run on a computer, the instructions are written in object code: a form in which they can be understood by a machine, but not by a human. If the object code has to be changed, the user will need access to the source code from which the object code was derived.

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Do I need a contract for my website?

Website & Software Contracts The following is a general guide as to what should be discussed between the purchaser and developer when contemplating entering into a website or software one of the above contracts. Website and software development contracts are often seen as complex and time consuming to negotiate and put together as the interests of the purchaser and the developer differ significantly.

Read More »

Software Code and Escrow

Your website is so important these days but is your business secure- who retains the code? What is code? you may in certain circumstances require access to the inner workings of the software that runs your website and the CMS behind the website. These are the lines of code in which the software is written, which constitute the instructions that the software gives to the system in order to produce the desired result. These instructions exist in two versions. In the form in which they run on a computer, the instructions are written in object code: a form in which they can be understood by a machine, but not by a human. If the object code has to be changed, the user will need access to the source code from which the object code was derived.

Read More »

Software Code and Escrow

Your website is so important these days but is your business secure- who retains the code? What is code? you may in certain circumstances require access to the inner workings of the software that runs your website and the CMS behind the website. These are the lines of code in which the software is written, which constitute the instructions that the software gives to the system in order to produce the desired result. These instructions exist in two versions. In the form in which they run on a computer, the instructions are written in object code: a form in which they can be understood by a machine, but not by a human. If the object code has to be changed, the user will need access to the source code from which the object code was derived.

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Escrow

The importance of Escrow Agreements Before we discuss what an Escrow agreement is it is important that we understand what the term ‘Escrow’ means. ‘Escrow’ is a legal term which means ‘money, goods or a written document, held by a trusted third party, pending the fulfilment of some condition’. Whilst we all have a software licence agreement for the software we use we need some form of software insurance in case things go wrong or certain events take place.

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Escrow

The importance of Escrow Agreements Before we discuss what an Escrow agreement is it is important that we understand what the term ‘Escrow’ means. ‘Escrow’ is a legal term which means ‘money, goods or a written document, held by a trusted third party, pending the fulfilment of some condition’. Whilst we all have a software licence agreement for the software we use we need some form of software insurance in case things go wrong or certain events take place.

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Escrow and fraud

Escrow and Fraud I have been offering escrow services since 2001. It’s been 12 years or and I am repeatedly asked about my escrow services. In addition I have developed a nose for those individuals who are keen to have a professional firm involved in escrow matters and those crooks, fools, charlatans and scammers who think you will fall for the same old escrow clap trap. I am sure most of these people are simply fall guys for the real criminals but as soon as you seek to properly ID these people then they soon drift away. So how do you know?

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Escrow and fraud

Escrow and Fraud I have been offering escrow services since 2001. It’s been 12 years or and I am repeatedly asked about my escrow services. In addition I have developed a nose for those individuals who are keen to have a professional firm involved in escrow matters and those crooks, fools, charlatans and scammers who think you will fall for the same old escrow clap trap. I am sure most of these people are simply fall guys for the real criminals but as soon as you seek to properly ID these people then they soon drift away. So how do you know?

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