Escrow disbursement is a process of dispensing the amount held in an escrow account to pay for expenses such as homeowners insurance, property taxes, and other property expenses. An escrow account is a financial agreement whereby an asset or money is held by a third party on behalf of two other parties that are in the process of completing a transaction. The payments are typically overseen by an escrow agent, who is responsible for the disbursement of the money placed in an escrow account for specific reasons. Escrow disbursement is done when the time comes to pay property expenses, and it is strictly carried out by a third party known as an escrow agent. The role of escrow agents is to ensure that the money held in escrow is disbursed only for the purpose it is intended for. Although these agents don’t earn any interest from the escrow fund, they can charge fees for their services. All escrow disbursements must be done based on the exact date and manner they should be given as specified by the owner of the escrow account. Breaking the agreement can be a ground for a lawsuit.