This Escrow Agreement is entered into in Arizona and shall be construed and interpreted under the laws of the State of Arizona. 17. Authority. THIS ESCROW AGREEMENT (the "Escrow Agreement") is made to be effective as of.(g) Affidavit of Real Property Value. This escrow agreement template can be used to identify an escrow agent and establish an escrow agreement between a buyer and seller. Confirm your ability to obtain insurance and insurability of the property during the inspection period with your insurance agent (see Sections 6a and 6e). Arizona HOA Addendum - The proper way to fill it out! A copy of the agreement shall be kept in the applicable file. Vesting Descriptions (Arizona).