The stringent laws of the State of California and the Department of Corporations assure that every
licensed escrow company has met the highest standard of the industry. State law holds other licensed
escrow companies to a higher standard than it holds other non-licensed escrow offices currently
working in the industry.
Other entities that offer escrow services – such as some banks, savings & loans, real estate offices,
or title insurance companies – are regulated under a different set of rules that are substantially less
rigorous than those governing a licensed escrow company.
In order to qualify for a license, an escrow office must be run by an escrow officer. This means that the
professional dealing with your transaction has entered the industry with expertise honed by in-depth
training. Also, a licensed company must post substantial bonds and fidelity insurance that is impossible
for non-licensed companies to purchase.
Licensed escrow officers work as a third party with the seller and the buyer. They are the professionals
of the business, able to serve – with unmixed motives - both real estate agents and consumers.
Licensed escrow companies offer consumers the highest protection available. Unlike real estate firms or
title companies, the licensed escrow company must be audited annually by a Certified Public Accountant
and is subject to state mandated annual audits by the Department of Corporations via the Department
of Justice.
Escrow companies, licensed by the Department of Corporations, are required to be members of the
Escrow Agents Fidelity Corporation which provides fidelity coverage for members' trust accounts.
Licensed escrow officers only wear one hat. Their repeat business comes solely from the successful
completion of your transaction. As specialists, they are experts who will not be sidetracked by other
business - as real estate companies, banks, or title companies are.
This company is a member of the Escrow Institution of California, a statewide association of licensed
escrow companies. We are organized to monitor ourselves, to police our industry, and to share among
ourselves techniques to improve services to you.