An escrow agreement is a legal agreement between two parties, typically a buyer and a seller, that is used to facilitate the purchase and sale of a property. Establish property records and record real estate transactions within Hennepin County.A document escrow agreement is a contract between two or more parties where an escrow agent agrees to hold a document until a contractual obligation is filled. An escrow account provides protection for the seller, buyer and lender in a real estate transaction. An escrow agreement is a legal document outlining the terms and conditions between parties involved in an escrow arrangement. Cash or cashier's check is acceptable. When the Escrow Agent shall release one-half of the Escrow Fund to the Seller. Callison noted the boundaries are out of sync in the northwest corner of Hennepin County.