Washington Escrow Agent Bonds

An Escrow Agent Bond is a type of surety bond required for those who have applied for a license to transact the business of escrow as described in RCW 18.44.010(4) as provided by law under Chapter 18.44 Revised Code of Washington. The surety bond must be in a coverage amount or penal sum of $10,000. If the bonded principal, and its corporate officers, partners, escrow officers and employees reimburse anyone harmed financially due to a violation of state laws and conform to all provisions of applicable state laws and all rules made by the Director of the Department of Financial Institutions of the State of Washington, the conditions of the surety bond are satisfied.