The legal structure governing how Propzora securely holds and releases funds in every real estate transaction.
Buyer Deposits
Funds locked in escrow
Documents Verified
Property & identity checks
Conditions Met
All parties confirm
Buyer Confirms
Release approval
Funds Released
Instant & automatic
The Buyer deposits funds, the Seller provides the property asset, an Agent may optionally facilitate, and Propzora acts as the neutral, licensed escrow holder throughout.
Funds are deposited and held securely, conditions are independently verified, the buyer confirms satisfaction, and only then are funds automatically released to all parties.
All payments are locked in a segregated, bank-grade escrow account and remain inaccessible to any party until every agreed transaction condition is fully and verifiably satisfied.
Funds are released only after written confirmation from all required parties, completion of document verification, and confirmation that no active disputes exist on the transaction.
In the event of a dispute, funds are immediately frozen and held in full until the matter is resolved through Propzora's structured verification or formal arbitration process.
Any act of fraud, false listing, or deliberate misrepresentation results in immediate account suspension, fund freezing, and escalation to Nigerian law enforcement agencies.
Propzora is a neutral licensed escrow platform and is not liable for user-originated disputes or third-party payment failures occurring outside our platform infrastructure.
This Escrow Agreement is governed exclusively by the laws of the Federal Republic of Nigeria. All disputes shall be subject to the jurisdiction of Nigerian courts and relevant regulatory bodies.
Last updated: 2026 — Propzora Legal Team
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