Definition - What does Escrow Agent mean?
An escrow agent refers to a person or a company that holds the funds or important documents involved in the transfer of real estate or a business transaction. Escrow agents work for both parties and work on their instructions.
Justipedia explains Escrow Agent
Depending on where you are from, an escrow agent can be an attorney, a title agent, an escrow officer, title company, or an escrow company.