Franchise escrow

Neutral escrow for franchise transfers that need active coordination.

Rain Law Firm supports franchise buyers, sellers, brokers, lenders, and franchisor contacts from signed LOI through closing and post-closing reconciliation.

What gets handled

Escrow is where the practical problems show up.

Franchise transfers involve more than a deposit and a closing statement. They often include transfer approvals, lender requirements, lease assignments, UCC liens, tax status questions, training requirements, revenue allocations, and party anxiety around wire transfers.

Rain Law Firm acts as neutral escrow agent and closing coordinator, keeping the file organized while encouraging each party to obtain independent legal and financial advice where appropriate.

01

Opening and Intake

Confirm parties, entities, signers, deal structure, deadlines, earnest money, required documents, and key transaction contacts.

02

Closing Documents

Prepare or coordinate escrow agreements, APAs, bills of sale, assignments, releases, resolutions, addenda, and closing statements.

03

Closing Conditions

Track lender items, franchisor approvals, lease issues, lien releases, tax clearance, source of funds, and wire verification.

Deliverables

A clear closing file.

The goal is a transaction record that makes funds, approvals, signatures, and responsibilities understandable.

Escrow agreementEarnest-money receiptsWire verificationClosing statementBill of saleAssignmentsReleasesEntity resolutionsUCC search supportTax clearance supportPost-closing reconciliation

Neutral escrow

Clear role, clear records.

Rain Law Firm serves as neutral escrow agent in these matters and does not represent buyer or seller unless a separate non-conflict engagement is appropriate. Each party should use independent legal, tax, and financial advisors for individual advice.