Wayne Michigan Checklist of Matters to be Considered in Drafting Escrow Agreement

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State:
Multi-State
County:
Wayne
Control #:
US-03036BG
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Word; 
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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.

How to fill out Wayne Michigan Checklist Of Matters To Be Considered In Drafting Escrow Agreement?

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Wayne Michigan Checklist of Matters to be Considered in Drafting Escrow Agreement