The sole obligation of the Escrow Agent is to honor the terms and conditions of this. Investments of moneys in the escrow account shall be made in accordance with Chapter 17,.This escrow agreement template can be used to identify an escrow agent and establish an escrow agreement between a buyer and seller. This sample form is for reference and educational purposes only. The use of these forms does not constitute legal representation or legal. An escrow process begins after the seller has accepted a purchase offer, opening the negotiations to hash out an agreement with the buyer. How do I open a non-interest bearing escrow account? Moneys in the Account will be invested in accordance with section 17.61, Florida. Statutes. The deposited funds are to be segregated in a special account which are not to be merged with bank assets, to carry out the terms of the agreement. 2. The instructions are the terms and conditions listed in the escrow agreement, with real estate agents adding context when clauses are not clear.