What is the meaning of escrow agent?

escrow agent is the person or organization having a fiduciary responsibility to both the buyer and seller (or lender and borrower) and who performs the duties to complete the transaction and ensure that the terms of the purchase/sale (or loan) are carried out.

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APABarry Goldsmith. (2010). escrow agent. Retrieved September 20, 2026, from http://smartdefine.org/escrow_agent/definitions/1153138
ChicagoBarry Goldsmith. 2010. "escrow agent" http://smartdefine.org/escrow_agent/definitions/1153138 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, escrow agent, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/escrow_agent/definitions/1153138>.
MLABarry Goldsmith. "escrow agent" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/escrow_agent/definitions/1153138>