escrow instructions


Also found in: Wikipedia.

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)

Mentioned in ?
References in periodicals archive ?
Escrow instructions may include that the vehicle passes all inspections, the vehicle is free from liens there has been an accurate odometer reading, registration is current and the vehicle is free from structural problems, i.
In addition, the escrow instructions feature enables users to create custom escrow instructions within ProForm, a component advantageous to West coast-based users where escrow instructions are not standard.
Old Republic's escrow departments draft the complicated escrow instructions that result in successful real-estate transactions.
revision of its Residential Purchase Agreement and Joint Escrow Instructions (RPA-11) has enjoyed wide acceptance among industry users, C.
today announced the revision of its Residential Purchase Agreement and Joint Escrow Instructions (RPA-11) -- a form used in nearly 90 percent of all residential real estate transactions in California.
The company's claims include allegations against Russo, Baker & Alvarez, a Florida law firm which acted as escrow agent in the company's purchase of Zodiac On-Line for that firm's negligence and breach of fiduciary duty by paying Kadirova the final installments for her interest in Zodiac On-Line, in violation of the escrow instructions.
The First Amended Complaint also alleges that Ballard Spahr Andrews & Ingersoll breached contractual and fiduciary duties owed to subscribers of Series A Preferred Shares and converted investor funds by releasing $5,350,000 in escrow funds to Mednet despite escrow instructions that a minimum of $6,000,000 representing 300,000 units of Series A Preferred Shares be sold prior to a release of funds to Mednet.
Actual disbursement of the loan proceeds are anticipated to be in the account of a Las Vegas, Nevada Title Company opn Tuesday, July 25, 1995 for further disbursement pursuant to certain escrow instructions.
001 per share, of the company to Ameritech Pension Trust in accordance with the terms of that certain Agreement of Purchase and Sale and Joint Escrow Instructions between the company and Ameritech Pension Trust.
Subject to the preparation of final revisions to the closing documents, their execution by the respective entities and the issuance of Escrow Instructions to the title company, both MPTV and Consortium have agreed to formally close the transaction three (3) business days after the foregoing items have been completed.
The escrow instructions describe the terms of the payment arrangement between the payer and the payee and direct First National regarding the de livery of the escrowed documents.
Accordingly I will allow the sale of the house as long as the plaintiff is informed of the terms and given a copy of the escrow instructions.