Lender’s Escrow Instructions

Lender’s escrow instructions refer to the detailed directives provided by a lender to an escrow agent concerning the handling and disbursement of funds held in escrow during a real estate transaction. These instructions outline the conditions under which funds are to be released, specifying crucial details such as the parties involved, the amounts to be disbursed, and any specific conditions or contingencies that must be met. They serve as a critical part of ensuring that all parties involved, including buyers, sellers, and lenders, adhere to the agreed-upon terms and timelines of the transaction.