Escrow Agreement Example In Kings

• Category: Real Estate - Escrow
• State: Multi-State
• County: Kings
• Control #: US-00192
• Format: Word; Rich Text

Description

The Escrow Agreement Example in Kings provides a structured approach for parties to formally release an escrow agent from their obligations under a construction completion agreement. This document outlines the responsibilities of the parties involved and authorizes the escrow agent to disburse remaining funds post-completion. Key features include clear representations from the undersigned stating that there are no outstanding claims for labor or materials, as well as assurances that they hold no claims against the escrow agent. Filling instructions guide users to enter specific details such as the names of the undersigned, the escrow agent, and the date of the agreement. This form is particularly useful for attorneys who facilitate property or construction transactions, partners involved in business agreements, owners seeking to finalize construction projects, associates and paralegals who assist in document preparation, as well as legal assistants managing escrow processes. By emphasizing straightforward language and clear instructions, the escrow agreement example ensures that users with varying levels of legal experience can effectively navigate its use.