California Escrow Law Change Of Address Form {DFPI-ESC 17213.1}

DFPI-ESC 17213.1, CALIFORNIA ESCROW LAW CHANGE OF ADDRESS FORM, Financial Code section 17213.1 provides that an escrow agent’s business shall not be removed from the premises or address shown on the license without the prior approval of the commissioner, and notice of any intended change shall be transmitted to the commissioner not less than 30 days prior to the date of the intended change of location. Financial Code section 17213.2 provides that the commissioner may assess a penalty on a licensed escrow agent which changes its business location or locations without first obtaining the approval of the commissioner for a sum of up to one hundred dollars ($100) for every day for the first 10 days and ten dollars ($10) for every day thereafter during which the changed location is maintained without authority. Your change of address request must be received by the Department 30 days prior to the date of your intended move or the above penalty will be assessed. If your change of address is for your principal or main location, you must submit an original rider from your surety bond company reflecting your new location. Your request cannot be processed without the submission of this rider. Submit one completed form per location. (New 11-20). www.FormsWorkflow.com