Escrow Requirements
A truly independent Escrow Company working to protect you and your assets.
| Independent Escrow Companies |
Broker Owned Escrow |
Title Company Escrow |
Savings & Loan Escrow |
Bank Escrow |
|
|
Bonding
Required |
YES | NO | NO | NO | NO |
|
Manager
Requirements |
5yrs as Escrow Officer or 4yrs Eo + School |
NO | NO | NO | NO |
|
Regular
Operational Procedure Audit |
YES (Once a year with no notice) |
NO | NO | NO | NO |
|
Annual
CPA Audit Required |
YES | NO | NO | NO | NO |
|
Trust
Funds Insured |
YES (EAFC) |
NO | NO | NO | NO |
|
Financial
liquidity Requirements |
YES | NO | NO | NO | NO |
|
Escrow
License Required |
YES | NO | NO | NO | NO |
|
Dept.
Of Justice Investigation of ALL Employees |
YES | NO | NO | NO | NO |