Q2: What is an acceptable form of payment? 1. Review the entire Escrow Agreement document for understanding.The escrow holdback agreement addendum must outline the conditions that the seller must fulfill before the release of escrowed funds. 1. Review the eligibility checklist in the application. If the buyer and seller disagree on who is entitled to the earnest money, it is up to the local court. You do not have a monthly escrow payment for items, such as property taxes and. However, the lender might require you to pay an escrow waiver fee. The servicer shall make payments from the escrow account in a timely manner, that is, on or before the deadline to avoid a penalty.
