An application for a license as an escrow agency or escrow agent shall be made in writing to the Commissioner with all required documents and applicable fees.
If applying for an initial escrow agency license for a principal location and branch location(s) or adding a branch location(s) to an existing license, use the Escrow Agency Application Company Form (MLD Form No. 101). For further instructions, please reference the Escrow Agency Company Form Instructions located on the Escrow Agencies and Agents page on the Division’s Website.
If applying for an initial escrow agent license, use the Escrow Agent Application and Control Person Individual Form (MLD Form No. 105). For further instructions, please reference the Individual Form Instructions located on the Escrow Agencies and Agents page on the Division’s Website.
Applicants will need to provide written consent authorizing the Commissioner to conduct a background investigation and, if applicable, each control person of the applicant, including, without limitation, authorization to obtain:
- An independent credit report from a consumer reporting agency;
- A criminal history report from the Federal Bureau of Investigation or any criminal history repository of any state, national or international governmental agency or entity; and
- Information related to any administrative, civil, or criminal proceedings in any jurisdiction in which the applicant, or a control person of the applicant, is or has been a party.
Applicants will need to provide a complete set of fingerprints, or if the applicant is not a natural person, a complete set of fingerprints of each control person of the applicant to forward to the Central Repository for Nevada Records of Criminal History for submission to the Federal Bureau of Investigation for its report.
A natural person who is an applicant for an initial license as an escrow agent must complete at least 15 hours of instruction. A certificate of completion, in a form satisfactory to the Commissioner, must be presented upon application and state that the applicant has successfully completed the 15 hours of instruction.
(NRS 645A.020; NRS 645A.0405; NAC 645A.070) (external links)