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About this document
This Escrow agreement safeguards payment through an escrow agent to confirm compliance of the terms of an arrangement between the buyer and the seller.
As drawn, the document addresses a property sale, however, with small changes the document can be edited for any other purpose.
Application and features
- Very flexible to suit the requirements of all parties;
- Provides a complete framework;
- Protects all sides.
- Time schedule;
- Practical terms that protect parties from future disputes;
- Rights and liabilities of escrow agent;
- Dispute resolution;
- Payment terms;
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