Licensing

THE ESCROW GROUP IS LICENSED BY THE DEPARTMENT OF FINANCIAL PROTECTION AND INNOVATION (DFPI), LICENSE #96DBO-35652

THE DEPARTMENT OF FINANCIAL PROTECTION AND INNOVATION REQUIRES THE ESCROW GROUP TO MEET THE FOLLOWING REQUIREMENTS AND REGULATIONS.

• ALL EMPLOYEES IN THE COMPANY MUST PASS BACKGROUND CHECKS AND HAVE FINGERPRINTS ON FILE WITH THE DEPARTMENT OF JUSTICE.
• A REQUIREMENT THAT A MANAGER/ESCROW OFFICER WITH AT LEAST 5 YEARS OF EXPERIENCE BE ON-SITE.
• Financial Stability Requirements, Including an independent annual audit and state run, random, audits on all financials.
• PROHIBITING EMPLOYMENT OF CONVICTED FELONS OR ANYONE WHO HAS BEEN DISBARRED FROM THE ESCROW INDUSTRY.
• MEMBERSHIP WITH THE ESCROW AGENTS’ FIDELITY CORPORATION, WHICH PROVIDES A $4 MILLION FIDELITY BOND.

THIS SHOULD ASSURE YOU THAT A “LICENSED” ESCROW COMPANY, LIKE THE ESCROW GROUP, IS THE BEST NEUTRAL THIRD PARTY FOR YOUR REAL ESTATE TRANSACTION!