Escrow account

cristiand969 · Post by **cristiand969** » Tue Sep 29, 2009 4:22 pm

I would much appreciate if someone could provide me a documentation related to the functionality of an escrow account or a weblink where I can find information in this respect.
Thanks in advance.

berry · Post by **berry** » Tue Sep 29, 2009 9:00 pm

i found this

What is needed to set up an escrow account?

Parties to the escrow need properly executed agreement. On traditional escrows the agreement may be a contract for deed, trust indenture, mortgage, or buy/sell agreement. In addition, the parties will complete drafted by DeltaQuest Escrow Agreement which shall document parties’ name and other important information, legal documents received, payment amount and frequency, interest rate and disbursement instructions, fees, and terms and regulations of the agreement.

you may also check this link

http://ebusiness.icicibank.com/imarkets ... sfinal.pdf