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Escrow services are crucial in a real estate transaction in Nevada.
It works as an unbiased third party servicing between a buyer and a seller. To provide escrow services, you have to obtain an escrow agent/agency license from the Division of Mortgage.
To become an Escrow Officer in Nevada, you mustÂ
- Complete 15 hours of approved pre-licensing education;
- Work with an Escrow Agency;
- Fill out a Child Support Statement;
- Provide a Personal History Record;
- Submit two fingerprint cards;
- Complete a Personal Financial Questionnaire;
- Obtain a surety bond proof;
- Submit an Escrow Agent application and $100 fee;
- Study the Nevada State Legislature
In Nevada, there are two types of escrow licenses.
They are the Escrow Agent, and Escrow Agency.
Escrow agent is an indi