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escrow instructions |
Also found in: Wikipedia | 0.02 sec. |
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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: closing, escrow) |
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``Scotty'' Herd, will cover all aspects of buying a home, including understanding offers and escrow instructions, using property inspection services and checking the value of a home or condominium. Having found the target title company, the person will market the property competitively and, as part of the escrow instructions, commit himself to provide the title insurance. 1031(k)-1(g) (6) (the language of which is found verbatim in many deferred exchange escrow agreements), the early release may violate the escrow instructions. |
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