An escrow clause is an important part of any business agreement. It’s a written clause that guarantees the performance of obligations by all parties involved in a contract. It makes sure that both the buyer and seller fulfill the terms of the agreement before money, goods, or services change hands.
By having an escrow clause, both sides can be assured that they’re safeguarding their interests. The clause can also serve to protect against fraud, ensuring greater peace of mind for everyone involved. So, if you’re ready to make a deal, always remember to include an escrow clause to secure your future success!