Escrow Instructions

Definition of "Escrow instructions"

Written proposals and acceptances applicable to the aspects of the transaction. The escrow agent must follow the purchase and sale agreement.

Search Real Estate Glossary

Related Real Estate Glossary terms

Springing Power Of Attorney

To obtain the right through authorization to act as a legal representative and agent for another. ...

Continuation Statement

Document submitted to a governmental agency to extend the time period for a previously approved docu ...

Reinstatement Clause

Provision in the insurance policy lapses due to premium nonpayment, all unpaid premiums must be pai ...

Demographics

Evaluation of housing requirements based on family size, ages, occupations, marital status, and othe ...

Omnibus Clause

Provision in personal automobile policy (pap) providing coverage to persons driving an automobile wi ...

Attestation Clause

Provision at the end of a document, such as a will, wherein the witnesses sign that the instrument h ...

Related Real Estate FAQ

What Is Freddie Mac?

Freddie Mac is a name for the Federal Home Loan Mortgage Corp., which is a financial corporation cha ...

What Is An Agent?

A person authorized to work on anothers behalf-for instance, a person authorized to sell or buy a ho ...

What Is A Balloon Mortgage?

A type of mortgage in which the loan amount is amortized over the full length of the loan (usually 3 ...

What Is The APR For This ARM Loan?

This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input par ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or run ...

What Is A Convertible ARM?

A convertible ARM is an adjustable- rate mortgage (ARM) that can be converted into a fixed rate mort ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Why Right Now is a Good Time for Millennials to Buy a Home Mortgage Loan Types What is Earnest Money What is the Best Time of Year to Buy a Home? Getting Ready to Sell? Don't make these DIY Mistakes!

FAQ

What is a treasury index? What should I do if I'm in an accident? What is commission? What do I need to know about RV Insurance? What is a term?