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Simple English definitions for legal terms

escrow instructions

Read a random definition: Articuli Cleri

A quick definition of escrow instructions:

Escrow instructions are a set of rules that explain what needs to happen for the person holding onto something valuable (like money or important documents) to give it to the person who is supposed to receive it. These rules are usually written down in a contract called an "escrow agreement." The instructions make sure that everyone involved knows what they need to do and when they need to do it, so that the transfer of the valuable item goes smoothly.

A more thorough explanation:

Escrow instructions are a set of rules that explain how an escrow agent should handle the assets, documents, and money held in escrow. These instructions are usually included in the escrow agreement and must be followed by the escrow agent.

Let's say you're buying a house. You and the seller agree to use an escrow agent to hold the money until the sale is complete. The escrow instructions would outline the conditions that must be met before the money is released to the seller. For example, the instructions might say that the seller must provide a clear title to the property and that all necessary inspections must be completed before the money is released.

Another example could be when a company is acquiring another company. The escrow instructions would outline the conditions that must be met before the assets and money held in escrow are released to the acquiring company. For example, the instructions might say that the acquiring company must receive all necessary regulatory approvals before the assets and money are released.

These examples illustrate how escrow instructions are used to ensure that all parties involved in a transaction are protected and that the assets, documents, and money held in escrow are released only when certain conditions are met.

escrow agreement | espionage

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Dkk
16:10
Noooooo
JumpySubsequentDolphin
16:10
@texaslawhopefully: THEY SEND THEM TO YOU EVEN AFTER YOU GOT ACCEPTED???
I've been getting them literally every other day for months now
JumpySubsequentDolphin
16:11
that’s absurd
16:18
does having a masters degree help with getting into law school
16:19
i rly want to get into northwestern or uchicago but im worried about my stats
LSDFan
16:20
you'll get in, calm tf down
16:20
damn
16:21
bro was just asking a question
U have great stats! I wouldn't be too nervous. Did u write why Northwestern and why Chicago?
oh cornells going wl crazy
16:22
having a masters degree is probably a positive, it shows you can do grad level coursework and probably generated a strong rec letter
@RightPlant: you have a great chance at Northwestern!
Chicago, also not a bad chance, but it is more of a crapshoot
Esp since they care more about GPA than LSAT
Would gulc be later tn? I submitted mine mid Oct so don’t think they will get back to me yet
Anyone think au will get back to us tomo?
16:26
I have no clue, I would think it would be later tn based on past waves
radio silence from cornell hey no news is good news ....
gulc was friday last week but i think it was cause of holiday
16:29
genuinely if its not today I WILL crashout.
Dkk
16:29
@jackfrost11770: Cornell had the WL wave!
oh radio silence on my end
16:32
UR2 at UVA
16:32
not really what i wanted given i have a new LSAT score coming but thems the breaks
Dkk
16:33
@jackfrost11770: Man, I watched a video summarizing the stuff I missed in Arcane. You know, all the boring mel and ambessa stuff and that shit is actually incredibly important to the lore. That stuff is all LeBlanc shit and LeBlanc is like one of the most powerful characters in league.
Dkk
16:33
At least, lore wise. It will get interesting.
if ive been at UR 2 or 3 for UVA am i cooked
also is there ucla wave tongith or is that late reporters?
TypicalTeapot
16:37
DEAN ANDY PLEAAAAAASE
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