With sufficient knowledge of the escrow agreement's definition and inclusions, you are ready to take your knowledge to the next level by making the escrow agreement itself. And here is what you need to know on how to make an escrow agreement in just four easy steps: Step 1: Talk with the Parties Involved Ahead Conduct a formal business meeting with the parties such as the payer, recipient, and the escrow agent to talk about the possible escrow agreement ahead. Talking actually helps such as knowing what each party is okay and not okay in the agreement. Thus, take note of those significant preferences so you will know what to add and not to include in the official escrow agreement document soon. Step 2: Download a Sample Escrow Agreement There is no need to write escrow agreements from scratch. Simply use any of the sample escrow agreement templates enlisted in the article above. There are even more examples such as an escrow agreement to hold funds sample, an escrow agreement for source code sample, etc. Just choose a template you want to work with and you can personalize its data and format afterward. Step 3: Add the Escrow Agreement's Standard Inclusions From the title of the document, escrow agent information, down to the agreement's terms and conditions, be sure to insert the basic inclusions of an escrow agreement, which were discussed before. These parts will slowly complete your agreement. And you can even add more elements such as the termination of contract clause and indemnification clause. As much as possible, only add components that are necessary and relevant to escrow agreement. Step 4: Make Reading and Fact-Checking a Habit Just like most assessment reports, reading and fact-checking are absolutely necessary. This is how you can witness your mistakes and still have the time to fix them before it is too late. The last thing you want to do is to submit a flawed agreement. Otherwise, you would likely witness conflicts and issues in the process of your escrow agreement later on. So read from top to bottom, ensure that everything is crystal clear, and rectify what needs to be corrected before submitting it to the parties involved.