We explain their unique role and how they should be executed. INTERPLEADER: Escrow Agent files an action for interpleader and delivers the Deposit to a court of competent jurisdiction in the State of Maryland. 7. DISPUTES:.Escrow services are a popular but underutilized tool that can be useful in certain transactions like mergers and acquisitions. Click here to learn the steps of the Maryland homebuying and closing process to make your homebuying journey as easy as possible. Lenders must submit reservations for Program funds through LOL. Maryland Minimum Interest Rate for Certain Escrow Accounts. This Escrow Agreement shall terminate upon the occurrence of the final distribution of all moneys in the Acquisition Fund. I understand that an escrow is a financial arrangement where a third party holds and regulates payment of funds between two parties involved in a transaction.
