An escrow is the deposit of a written instrument or something of value with a third person with instructions to deliver it to another when a stated condition is performed or a specified event occurs. The use of an escrow is most common in real estate sales transactions where the grantee deposits earnest money with the escrow agent to be delivered to the grantor upon consummation of the purchase and sale of the real estate and performance of other specified conditions.
Jersey City New Jersey Escrow Agreement for Sale of Real Property and Deposit of Earnest Money
Category:
State:
Multi-State
City:
Jersey City
Control #:
US-01047BG
Format:
Word;
Rich Text
Instant download
Description
Free preview
