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ChecklistMatters to Be Considered in Drafting Escrow Agreement Form

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ChecklistMatters to Be Considered in Drafting Escrow Agreement Form

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business escrow agreements this is something I covered in a short here on this channel that you probably have already seen we'll be seeing soon or you can go back in the library and see but beyond that I wanted to go a little deeper on these escrow arrangements and how they can be such a powerful business tool the basic concept is simple you have an escrow agent hold the money and then you have certain contractual Provisions about how that money goes in and out of escrow so the money is there it's already funded it's waiting to figure out which party it goes to in the case of an m a deal we might see an escrow where the seller has a certain portion of that sales price they are to receive that's held up in escrow the buyer is making sure the seller complies with the terms and conditions and there were no hidden defects with the company with that escrow money to go out on a certain predetermined schedule and is a very powerful tool for both sides the selle

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