Escrow & Title
A Connecticut seller delivers a deed to a third-party escrow agent with instructions to deliver it to the buyer when all conditions are met. Before the conditions are met, the seller tries to revoke the deed. Is this possible?
AYes, the seller may revoke at any time before closing
BNo, once a deed is delivered to a third-party escrow agent under an escrow agreement, the seller generally cannot revoke it unilaterally✓ Correct
CYes, if the buyer has not yet paid the full purchase price
DYes, as long as the deed has not been recorded
Explanation
Once a deed is placed in escrow with an independent third-party agent under a binding escrow agreement, the grantor generally cannot revoke delivery. The deed is held by the escrow agent as a conditional delivery; title passes automatically when the conditions are satisfied.
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