Escrow Industry Update

License Types	As of October 2019	As of October 2018
Main Office	62	63
Branch Office	9	11
Officers	110	115

Time to Get Ready to Renew

Be on the lookout for your annual Escrow Agent renewal notice. The Department mailed notices. The renewal process is the same as in previous years. As a reminder, in order for an escrow agent to renew, the following information must be current:

• The DEO’s license for the main and/or branch office
• All quarterly reports filed with the Department
• E&O, Fidelity and Surety bonds

Once you receive your renewal notice, verify the information is accurate. If it is incorrect, submit an Amendment Form to update the changes.

If your company is not going to renew, complete a Closure/Surrender Form.

Escrow Committee Openings

The Department is currently seeking an individual to fill an opening on the Escrow Committee. You must be a licensee under RCW 18.44, the Escrow Agent Registration Act. Members of the escrow committee are appointed by the Department’s Director and meet quarterly via webinar to discuss industry issues.

If you hold a license under RCW 18.44, you are encouraged to consider participating in this important committee.

Escrow Committee Application

Escrow Committee Meeting

Information from the most recent Escrow Committee meeting, held this month, can be found on the Escrow Committee Webpage.

Upcoming Events

December 31 - Escrow Agent Renewal Deadline