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- North Capital Escrow Services
- Escrow Raises
How do I update the information on an executed escrow agreement?
Contact the Due Diligence team to request review of the proposed change, and provide appropriate documentation where required.
Terms that require an amendment to an executed escrow agreement are:
- Changes to the deal maximum
- Change to the minimum offering contingency amount
- Change to the name of the issuing entity/account
- Addition, removal, or name change of any other party to the agreement
Contact the Due Diligence team to request review of the proposed change, and provide appropriate documentation where required. Once the Due Diligence team approves the change, they will request Escrow Operations send out an amendment to the agreement. All parties to the original agreement will be required to sign the amendment. Closings cannot be processed on an offering until outstanding or required amendments have been executed by all parties. Upon full execution of the amendment to the escrow agreement, the deal record in the North Capital Portal will be updated to reflect the change(s) as appropriate.