Escrow License Bond
Call us today to discuss your Options: (562) 916-3214 Hablamos Espanol
Escrow License Bond:
In the terminology of the escrow industry, all escrow agents performing escrow services in California are either “licensed” or “controlled” escrow companies. A “licensed” escrow company, which is also known as an “independent” escrow company, is licensed by the Department of Business Oversight. This license can only be obtained after the escrow company has met and satisfied all of the licensing requirements set forth by the Escrow Law, which are enforced by the Department of Business Oversight.
Bond Amount Requirements:
Each escrow agent is required to maintain a surety bond at all times. The amount of the surety bond may be $25,000, $35,000 or $50,000 depending on the average trust liability. The surety bond amount is increased by $5,000 for each additional licensed location.
- Escrow License Bond Application
Get a free no Obligation Escrow License Bond quote in minutes call us at (562) 916-3214 today.