¶¶Òõ¶ÌÊÓƵ

All Countries
Real Estate
Escrow Disbursement Agreement

Escrow Disbursement Agreement Template for India

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Escrow Disbursement Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Escrow Disbursement Agreement

"I need an Escrow Disbursement Agreement for a real estate transaction in Mumbai, India, where the buyer will deposit INR 50 crore into an escrow account with HDFC Bank, with funds to be released in three installments by March 2025 upon completion of specific construction milestones."

Celebrated by
Collaborations with
Investors
Document background
The Escrow Disbursement Agreement is a crucial document used in India when parties need a secure and regulated mechanism for handling conditional financial transactions. This agreement is commonly employed in various scenarios including real estate transactions, corporate acquisitions, project financing, and international trade deals. The document, governed by Indian law, establishes a three-way relationship between the depositor, beneficiary, and an escrow agent (typically a bank or financial institution). It details the conditions for fund deposits, holding requirements, and specific circumstances under which disbursements can be made. The agreement ensures compliance with Indian regulatory requirements, including banking regulations, anti-money laundering laws, and foreign exchange rules where applicable. The Escrow Disbursement Agreement provides security to all parties by ensuring that funds are properly managed and disbursed only when predetermined conditions are met, thereby minimizing transaction risks.
Suggested Sections

1. Parties: Identifies all parties to the agreement including the depositor(s), beneficiary(ies), and the escrow agent

2. Background: Explains the context and purpose of the escrow arrangement and the underlying transaction

3. Definitions: Defines key terms used throughout the agreement

4. Appointment of Escrow Agent: Formal appointment of the escrow agent and acceptance of the role

5. Escrow Amount and Deposit: Details of the escrow amount and the mechanism for depositing funds into escrow

6. Escrow Account: Specifications regarding the establishment and maintenance of the escrow account

7. Disbursement Instructions: Detailed procedures and conditions for disbursement of escrow funds

8. Escrow Agent's Duties and Responsibilities: Comprehensive list of the escrow agent's obligations and standard of care

9. Fees and Expenses: Details of the escrow agent's fees and allocation of expenses

10. Indemnification: Provisions for indemnifying the escrow agent and other parties as applicable

11. Term and Termination: Duration of the agreement and circumstances for termination

12. Notices: Communication procedures and contact details for all parties

13. Governing Law and Jurisdiction: Specifies Indian law as governing law and jurisdiction for disputes

14. Miscellaneous: Standard boilerplate provisions including amendments, severability, and counterparts

Optional Sections

1. Investment of Escrow Funds: Include when parties agree to invest idle escrow funds, specifying permitted investments and allocation of returns

2. Digital Transaction Procedures: Include when electronic transfers or digital signatures will be used for transactions

3. Foreign Exchange Provisions: Include when the escrow involves foreign currency or cross-border elements

4. Dispute Resolution: Include when parties want specific arbitration or mediation procedures

5. Force Majeure: Include when parties want specific provisions for handling unforeseen circumstances

6. Confidentiality: Include when transaction involves sensitive information requiring specific confidentiality obligations

7. Anti-Money Laundering Compliance: Include when transaction size or nature requires specific AML procedures

8. Joint and Several Liability: Include when multiple depositors or beneficiaries are involved

9. Step-In Rights: Include when certain parties need rights to take over or redirect disbursement instructions under specific circumstances

Suggested Schedules

1. Schedule 1 - Escrow Account Details: Banking details and account specifications

2. Schedule 2 - Fee Schedule: Detailed breakdown of escrow agent's fees and charges

3. Schedule 3 - Disbursement Schedule: Timeline and conditions for planned disbursements

4. Schedule 4 - Required Documents: List of documents required for various disbursement conditions

5. Schedule 5 - Authorized Signatories: List of persons authorized to give instructions

6. Appendix A - Form of Disbursement Request: Standard format for requesting disbursements

7. Appendix B - Form of Release Notice: Standard format for authorizing releases

8. Appendix C - Compliance Certificates: Templates for various compliance certificates

9. Appendix D - KYC Requirements: List of required KYC documents and procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions













































Clauses



































Relevant Industries

Banking and Financial Services

Real Estate

Construction

Information Technology

Manufacturing

Infrastructure

Mergers and Acquisitions

Private Equity

International Trade

Energy

Telecommunications

Healthcare

Education

Relevant Teams

Legal

Finance

Treasury

Compliance

Risk Management

Corporate Secretarial

Banking Operations

Project Management

Transaction Advisory

Due Diligence

Relevant Roles

Chief Financial Officer

Legal Counsel

Compliance Officer

Treasury Manager

Finance Director

Project Manager

Transaction Manager

Risk Manager

Company Secretary

Banking Relationship Manager

Financial Controller

Corporate Finance Manager

Legal Director

Escrow Operations Manager

Due Diligence Officer

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Code Escrow Agreement

An Indian law-governed agreement establishing software source code escrow arrangements between depositor, beneficiary, and escrow agent for business continuity and IP protection.

find out more

Escrow Agreement For Sale Of Goods

An Indian law-governed tripartite agreement establishing escrow arrangements for secure goods transactions through a trusted intermediary.

find out more

Escrow Disbursement Agreement

An Indian law-governed agreement establishing terms for holding and disbursing funds through an escrow arrangement, ensuring secure and regulated fund transfers.

find out more

Escrow Agreement To Hold Documents

An Indian law-governed agreement establishing terms for secure document holding by an escrow agent until specified release conditions are met.

find out more

Earnest Money Escrow Agreement

An Indian law-governed agreement establishing escrow arrangements for earnest money between buyer, seller, and escrow agent.

find out more

Escrow Waiver Agreement

An Indian law-governed agreement that terminates an existing escrow arrangement and releases all parties from their associated obligations and responsibilities.

find out more

Escrow Holdback Agreement

An Indian law-governed agreement establishing terms for holding and releasing funds in escrow, typically used in M&A and commercial transactions.

find out more

Escrow Account Agreement

An Indian law-governed tripartite agreement establishing terms for holding and releasing funds through an escrow arrangement, compliant with Indian banking and financial regulations.

find out more

Escrow Deposit Agreement

An Indian law-governed agreement establishing terms for holding and releasing assets through an escrow agent, detailing rights and obligations of all parties involved.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.