Common Contracts
1 similar Escrow Agreement contracts
Working with Escrow Agreements (with Form)Escrow Agreement • February 1st, 2017
THERE OFTEN COMES THE POINT in the course of a real estate transaction when the parties, though then on amicable terms, seek to have a disinterested third party act as a “stakeholder” or escrow agent. The purpose of the escrow agent is to help assure that whatever it holds will be applied, distributed, or otherwise dealt with as contemplated by the parties, free of interference or other influence from any of the parties who have established the escrow. In analyzing the arrangement necessary for a successful escrow, consider the ingredients to a successful news story, namely, who, what, why, where, and how. This article and the appended specimen escrow agreement analyze escrow arrangements by considering these basic questions.
