An escrow agreement is a contract that outlines the terms and conditions between parties involved, and the responsibility of each. The Escrow Agent will distribute the Escrow Amount to the Seller on the Final Payment Date, in accordance with to the terms of the Escrow Agreement.Escrow agreements are contracts used to ensure that all parties involved meet the terms outlined within the contracts. A share escrow agreement is a contract that allows a third party to hold money or anothe financial asset on behalf of someone else. Escrowed shares are shares held in an escrow account pending the completion of a corporate action or the elapse of a time period leading to an event. 3.2 ESCROW AGENT shall release the Deposit to PURCHASER or SPONSOR as directed: 3.2. This Agreement will then be filed as part of. California Listing brokers can provide purchase offer forms but shouldn't assist in filling them out. Since real estate purchases boil down to the contract, who pays the property taxes when a house is sold depends on the terms outlined in the agreement.