Businesses use escrow services to reduce risk, create certainty, and ensure funds are released only when defined conditions are met. But not all escrow arrangements—and not all court decisions—treat escrow agents the same way. Some recent cases show a divide between courts that expand escrow agent duties beyond the contract and courts that correctly recognize that an escrow agent’s role is defined by the escrow agreement itself. For businesses, that distinction matters. Escrow Services Should…
