1. Establishment of the Escrow Agent. This escrow agreement template can be used to identify an escrow agent and establish an escrow agreement between a buyer and seller.OWNER shall escrow a cash deposit with the CITY in the amount of Twenty. What information do I need to fill out the Escrow Agreement form? You need details about the property, date of closing, involved parties, and the escrow amount. An escrow agreement is a legal document outlining the terms and conditions between parties involved in an escrow arrangement. The current Commissioners and Real Estate Division Administrator must be acknowledged for recognizing the importance of this project and their support.