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Real Estate Glossary

Escrow agreement

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Richard Wilson
Written by Richard Wilson

This is an agreement that is made between the parties involved and an escrow agent into a contract that specifies the obligations of the parties, defines the money or things of value that will be deposited into escrow, and instructs the escrow agent regarding the allocation of the money and other things of value deposited.

This is an agreement that is made between the parties involved and an escrow agent into a contract that specifies the obligations of the parties, defines the money or things of value that will be deposited into escrow, and instructs the escrow agent regarding the allocation of the money and other things of value deposited.

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Richard Wilson

Richard Wilson

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