Escrow

Important Escrow Terms: What is a Contingency?

Jan 20, 2017 / Escrow

There’s certain content that becomes dated, and there’s other content that remains a staple in our industry. Terms and concepts within the world of escrow definitely fall into the ‘staple’ camp. Years back, we wrote…

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CAL FIRPTA WITHHOLDING

Jan 9, 2017 / Escrow

The Foreign Investment in Property Tax Act (FIRPTA) is a certificate of non-foreign status. FIRPTA addresses the disposition of U.S. real property interest by a foreign person. Section 1445 of the Internal Revenue Code requires that…

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LA DBS 9A Fee Update

Jan 3, 2017 / Escrow

Take note of these important changes! An increase in the fee for the report was effective December 11, 2016 and 9A reports will now have a non-refundable service fee when using a credit card for…

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SB 407 Water Conservation Update

Dec 19, 2016 / Escrow

Starting January 1, 2017, water conservation retrofitting goes statewide for single family dwellings. All homes built on or before January 1, 1994 are required to update to complying water conserving fixtures on or before January…

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