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If ABC Title Insurance Company wants to get in the business of handling escrows what licenses would it have to obtain? A title company does
If ABC Title Insurance Company wants to get in the business of handling escrows what licenses would it have to obtain?
A title company does not need to obtain a special license to handle escrows.
A title company is not permitted to handle escrows in any capacity.
If the title company has been in business for a minimum of years, it may handle escrows without a special license.
If the title company has been in business for a minimum of years, with annual audits for review by the State of California, it does not need to be specially licensed to handle escrows in California.
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