An applicant may apply for a release of funds for repairs. Completing and closing the escrow must be prompt, using forms and disclosures which are simple and clear.How do I fill this out? Your escrow holdback agreement addendum should provide comprehensive information about the escrow agent and their role in the real estate transaction. In accordance with the terms and conditions of the: â–¡ Residential Purchase Agreement (C. A.R. Form RPA-CA), â–¡ Request For Repair. This blog post aims to unravel the legal intricacies and potential consequences of backing out of an escrow contract in California's real estate market.