Seller's Escrow Closing Instruction Letter (Commercial Real Estate) (NY) | Practical Law
An escrow instruction letter on behalf of the seller for closing a commercial real estate sale transaction in New York. Escrow closing instruction letters are commonly used when the closing is conducted through a third-party escrow agent who holds all original closing documents in escrow pending receipt of the purchase price and satisfaction of any conditions for closing. This Standard Document has integrated notes with important explanations and drafting tips.