What is the meaning of Escrow agreement?

Escrow agreement is a written agreement made between an escrow agent and the parties to a contract setting forth the basic obligations of the parties, describing the money (or other things of value) to be deposited in escrow, and instructing the escrow agent concerning the disposition of the monies deposited.

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APABarry Goldsmith. (2010). escrow agreement. Retrieved September 22, 2026, from http://smartdefine.org/escrow_agreement/definitions/1153140
ChicagoBarry Goldsmith. 2010. "escrow agreement" http://smartdefine.org/escrow_agreement/definitions/1153140 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, escrow agreement, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/escrow_agreement/definitions/1153140>.
MLABarry Goldsmith. "escrow agreement" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/escrow_agreement/definitions/1153140>