Prior to Close of Escrow, Seller shall execute, acknowledge and deliver to Escrow a grant deed in a form substantially similar to the form attached as Exhibit. I'm gonna break down all the terms and conditions so you can understand what it means and we're gonna fill that out so you can have a real-life example of it.If you are buying or selling a rental unit, it is important that you are aware that the Rent Ordinance may may apply. Identify the parties involved in the transaction. 2. Bidders must fund their accounts with a.