Green Oaks, IL · Lake County
Development Escrow Agreement
Developers or owners use this agreement to deposit funds for consultant costs while the Village processes a development inquiry or application.
What this form is
This agreement establishes an escrow deposit for the Village of Green Oaks to pay reasonable consulting costs related to a development project, such as engineering, plan review, planning, and legal services. It asks for the depositor’s contact information, project name and location, deposit amount, and signatures. The agreement describes when the Village may request additional deposits and when it refunds any remaining balance.
Who needs it
A developer or owner making an escrow deposit for a development inquiry or application processed by the Village needs this agreement.
How to submit it
Submit it to the city department named on the form; check the city website for current contact details.
About notarization
This agreement is signed without a notary; it requires developer or owner and Village approval signatures and dates, and identifies no sworn or notarized attachment.
How to submit this form
- 1
Download The Agreement
Download the Development Escrow Agreement PDF.
- 2
Complete The Agreement
Enter the escrow amount, depositor contact information, and project name and location.
- 3
Review The Details
Review the escrow terms; the agreement does not identify any attachments to gather.
- 4
Sign And Submit
Sign and date the agreement, then submit it to the city department named on the form.
Frequently asked questions
- What is the Development Escrow Agreement for?
- It records an escrow deposit for reasonable consulting costs related to a development project while the Village processes an inquiry or application.
- What information does the agreement request?
- It asks for the depositor’s name and contact information, project name and location, initial escrow amount, and developer or owner and Village approval signatures.
- Do I need a notary for the Development Escrow Agreement?
- No. The agreement calls for developer or owner and Village approval signatures and dates, and identifies no sworn or notarized attachment.
- How do I submit the Development Escrow Agreement?
- The document does not give submission instructions. Submit it to the city department named on the form; check the city website for current contact details.
Need something notarized?
This Development Escrow Agreement doesn’t need a notary — but Illinois residents can notarize other documents online with a commissioned online notary.