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    Escrow Agreement

    Uploaded by

    Jamesbogan
    This escrow agreement is between a seller, buyer, and escrow agent for the sale of a property located at [address]. The closing will take place on [date] at [time] at [location]. As per the real estate contract, the buyer has deposited $[amount] with the escrow agent. At closing, the escrow agent will pay the deposited funds to the seller. If closing does not occur, the escrow agent will withhold the funds until receiving written instructions signed by both parties regarding handling of the funds. The escrow agent assumes only liability as a stakeholder and will not incur liability for acts done in good faith.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd

    Escrow Agreement

    Uploaded by

    Jamesbogan
    388 views3 pages
    This escrow agreement is between a seller, buyer, and escrow agent for the sale of a property located at [address]. The closing will take place on [date] at [time] at [location]. As per the real estate contract, the buyer has deposited $[amount] with the escrow agent. At closing, the escrow agent will pay the deposited funds to the seller. If closing does not occur, the escrow agent will withhold the funds until receiving written instructions signed by both parties regarding handling of the funds. The escrow agent assumes only liability as a stakeholder and will not incur liability for acts done in good faith.

    Original Description:

    Escrow

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    This escrow agreement is between a seller, buyer, and escrow agent for the sale of a property located at [address]. The closing will take place on [date] at [time] at [location]. As per the real estate contract, the buyer has deposited $[amount] with the escrow agent. At closing, the escrow agent will pay the deposited funds to the seller. If closing does not occur, the escrow agent will withhold the funds until receiving written instructions signed by both parties regarding handling of the funds. The escrow agent assumes only liability as a stakeholder and will not incur liability for acts done in good faith.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    388 views3 pages

    Escrow Agreement

    Uploaded by

    Jamesbogan
    This escrow agreement is between a seller, buyer, and escrow agent for the sale of a property located at [address]. The closing will take place on [date] at [time] at [location]. As per the real estate contract, the buyer has deposited $[amount] with the escrow agent. At closing, the escrow agent will pay the deposited funds to the seller. If closing does not occur, the escrow agent will withhold the funds until receiving written instructions signed by both parties regarding handling of the funds. The escrow agent assumes only liability as a stakeholder and will not incur liability for acts done in good faith.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 3

    Escrow Agreement

    Effective Date: ____/____/______


    This Escrow Agreement is between:
    Seller

    [Legal Name]

    Located at

    [Address]
    [City], [State] [Zip Code]

    &
    Buyer

    [Legal Name]

    Located at

    [Address]
    [City], [State] [Zip Code]

    &
    Escrow Agent
    Located at

    [Legal Name]
    [Address]
    [City], [State] [Zip Code]

    This Escrow Agreement is entered into at the same time as the above Seller
    and Buyer have entered into a Contract of Sale and Purchase of Real Estate.
    This Escrow Agreement is hereby placed together with the Contract for Sale
    and Purchase of Real Estate Contract.
    The closing of the Real Estate Contract will take place on:
    ____/____/______ at ____:_____ AM / PM
    At the office of:
    Name:
    ________________________________________________________________________
    Address:
    ______________________________________________________________________

    Go to www.AtYourBusiness.com for more free business forms

    City: ___________________________________ State: ___________ Zip:


    __________________
    As per the Real Estate Contract, the Buyer has deposited with the above
    listed Escrow Agent a down payment in the amount of:
    $_____________________________________
    At the closing, the Escrow Agent will pay the amount that is deposited to the
    Seller or in accordance with the Sellers instructions. At which time the
    Escrow Agent will make the necessary transfer of title to the said property to
    the Buyer.
    If there is no closing according to the Real Estate Contract. The Escrow Agent
    will withhold all money that was deposited until he or she receives written
    instructions that are signed by both the Buyer and Seller regarding the
    handling of all deposited funds. If the Escrow Agent does not receive the
    proper instructions signed by both parties the Agent may either bring action
    or proceedings to determine the correct handling of the deposited funds or
    the Agent may continue to hold the deposited funds until further notice. The
    Agent is hereby under no obligation to bring action or proceeding to
    determine the handling of deposited funds.
    The Escrow Agent hereby assumes only the liability of stakeholder. The Agent
    shall incur no liability whatsoever to anyone except for acts in bad faith and
    willful misconduct or gross negligence. All parties excuse and hereby release
    the Escrow Agent for all acts done or omitted in good faith.
    Applicable Law
    This contract shall be governed by the laws of the State of __________ in
    __________ County and any applicable Federal Law.

    __________________________________________________________
    Date____________
    Buyer Signature

    _____________________________________________________________________Date___________
    _
    Seller Signature

    Go to www.AtYourBusiness.com for more free business forms

    _____________________________________________________________________Date___________
    _
    Escrow Agent Signature

    Go to www.AtYourBusiness.com for more free business forms

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