Leaked: Windows 7 SP1 pre-RC Build 7601.17104, Both 32-Bit and 64-Bit
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The word "Escrow" reminds me of that scam payment method allowed on eBay. A BETA service pack could have inherent problems or create problems, esp. one named after such a infamous eBay scam--not too appealing to me.
Far be it from a non Native English speaker to inform you on this but "Escrow" is a perfectly legitimate word - nothing to do with Scams.
In Financial terms this means putting money away into an INTEREST BEARING account held by an INDEPENDENT entity - person or company - until a related agreement between two (or more) parties has been settled whereupon the money gets released to the appropriate partner.
For example buying a property in the US -- The purchaser usually has to make a down payment of x% which is held in ESCROW by a Lawyer / Solicitor until the deal is completed -- or renting a property where the tenant has to make a deposit which is returned at the end of the tenancy minus "breakages" etc.
Not sure about the Law in the UK regarding renting but in a lot of countries the tenants deposit goes into an INTEREST bearing ESCROW and NOT the Landlords account and is legally binding to return to the tenant plus interest - legitimate costs at the end of the tenancy.
"Here endeth the 1st Lesson this Sunday" !!!
Cheers
jimbo
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Thanks for the information.
It's just a case of that no one has used the term 'escrow' with me in regards to down payments and interest. That's why my only information on it sources from articles with titles like this: eBay Guides - How to Avoid Escrow Scam and To Pay or Be paid Safely
The word "Escrow" reminds me of that scam payment method allowed on eBay. A BETA service pack could have inherent problems or create problems, esp. one named after such a infamous eBay scam--not too appealing to me.
Far be it from a non Native English speaker to inform you on this but "Escrow" is a perfectly legitimate word - nothing to do with Scams.
In Financial terms this means putting money away into an INTEREST BEARING account held by an INDEPENDENT entity - person or company - until a related agreement between two (or more) parties has been settled whereupon the money gets released to the appropriate partner.
For example buying a property in the US -- The purchaser usually has to make a down payment of x% which is held in ESCROW by a Lawyer / Solicitor until the deal is completed -- or renting a property where the tenant has to make a deposit which is returned at the end of the tenancy minus "breakages" etc.
Not sure about the Law in the UK regarding renting but in a lot of countries the tenants deposit goes into an INTEREST bearing ESCROW and NOT the Landlords account and is legally binding to return to the tenant plus interest - legitimate costs at the end of the tenancy.
"Here endeth the 1st Lesson this Sunday" !!!
Cheers
jimbo
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Thanks once again for keeping us uprised of up in coming events JMH.
Fabe
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Thanks for the information.
It's just a case of that no one has used the term 'escrow' with me in regards to down payments and interest. That's why my only information on it sources from articles with titles like this:
eBay Guides - How to Avoid Escrow Scam and To Pay or Be paid Safely
The word "Escrow" reminds me of that scam payment method allowed on eBay. A BETA service pack could have inherent problems or create problems, esp. one named after such a infamous eBay scam--not too appealing to me.
Far be it from a non Native English speaker to inform you on this but "Escrow" is a perfectly legitimate word - nothing to do with Scams.
In Financial terms this means putting money away into an INTEREST BEARING account held by an INDEPENDENT entity - person or company - until a related agreement between two (or more) parties has been settled whereupon the money gets released to the appropriate partner.
For example buying a property in the US -- The purchaser usually has to make a down payment of x% which is held in ESCROW by a Lawyer / Solicitor until the deal is completed -- or renting a property where the tenant has to make a deposit which is returned at the end of the tenancy minus "breakages" etc.
Not sure about the Law in the UK regarding renting but in a lot of countries the tenants deposit goes into an INTEREST bearing ESCROW and NOT the Landlords account and is legally binding to return to the tenant plus interest - legitimate costs at the end of the tenancy.
"Here endeth the 1st Lesson this Sunday" !!!
Cheers
jimbo
Very interesting link, Rei Tumul.
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RC is in the wild now!
7601.17105.100929-1730
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Date of signing of Windows 7 SP1 RC 09/30/2010 18:13:22.
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No one ever listens when you caution about "leaving it out there"! I can wait until tuesday here without even noticing the two days time in order download direct from an MS page. "SAFE and SECURE"!
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Is that icon Internet Explorer 9? Wow!!! This SP looks promissing.
I guess I'll wait for the official slipstreamed/integrated SP1, I always felt that installing a SP over the installed OS caused some performance loss... But I guess is just me...
See ya!!! 
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The only problems I ever saw with any SP regardless of which version of Windows it was is with the IT developers versions not intended for the typical home users to start with but for developer testing purposes. The release on tuesday will be for home users with some experience at installation and recovery proceedures there.
