Cuyahoga Ohio Checklist of Matters to be Considered in Drafting Escrow Agreement

Category:
State:
Multi-State
County:
Cuyahoga
Control #:
US-03036BG
Format:
Word; 
Rich Text
Instant download

Description

An escrow agreement involves the deposit of a written instrument or something of value with a third person (the escrow agent) with instructions to deliver it to another party when a stated condition is performed or a specified event occurs. The use of an escrow agreement is common in real estate transactions where the grantor deposits a deed with the escrow agent to be delivered to the grantee upon payment of the purchase price and performance of other specified conditions.

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Cuyahoga Ohio Checklist of Matters to be Considered in Drafting Escrow Agreement