Escrow Agreement

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An escrow agreement is a written agreement — usually among buyer, seller, and escrow agent — that sets the conditions to be performed for the item held in escrow and instructs the escrow agent on how to dispose of it.

In Idaho, escrow for a real estate sale is typically handled by the title or escrow company that closes the transaction.

• Escrow
• Closing
• Third Party

Reviewed by Kootenai Title & Bonner Title Editorial Team · Last updated June 19, 2026
This definition is educational and not legal advice. See our Editorial Policy.