Fall 2022 update for the escrow industry.
|License Types||As of October 2022||As of October 2021|
Time to Get Ready to Renew
Watch your inbox for your annual Escrow Agent renewal notice. These notices will be emailed to licensees, like previous years. If you have not received your renewal notice yet, reach out to the Department at CSLicensing@dfi.wa.gov so we can resend the notice.
Completing the renewal process is the same previous years. Before December 31, mail a check for the renewal fee and your renewal notice to the Department at the address listed on the renewal form.
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
- If the information on the renewal notice is not correct, submit an Amendment Form to update your record. If your company is not going to renew, complete a Closure/Surrender Form.
Escrow Committee Openings
The Department is currently seeking two individuals to fill openings 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 Meeting
Information from the October Escrow Committee meeting can be found on the Escrow Committee Webpage.
December 31 - Escrow Agent Renewal Deadline