Which of the following must have an escrow license to handle the closing of the sale?
A) title insurance company
B) independent escrow company
C) real estate broker who is the agent of the buyer or seller
D) all of the above must have an escrow license to handle the closing

Question

Quizplus · Accepted Answer

Only independent escrow companies are required by law to have an escrow license to handle the closing of a sale. Title insurance companies and real estate brokers who act as agents for buyers or sellers may also handle escrow services, but they are not required to have a separate license for it.

Which of the Following Must Have an Escrow License to Handle