escrow instructions

escrow instructions
Written instructions, signed by a buyer and seller, telling an escrow agent what needs to happen before the deal (usually a real estate sale) closes.
Category: Business, LLCs & Corporations
Category: Real Estate & Rental Property

Nolo’s Plain-English Law Dictionary. . 2009.

escrow instructions
n.
   the written instructions by buyer and seller of real estate given to a title company, escrow company or individual escrow in "closing" a real estate transaction. These instructions are generally prepared by the escrow holder and then approved by the parties and their agents.
   See also: closing, escrow

Law dictionary. . 2013.

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