Section 208-680-243 - Escrow officer license renewal and reinstatement(1)For how long is an escrow officer license valid? Escrow officer licenses are valid for one year from the date of issuance.(2)Can I renew my escrow officer license? Yes. Escrow officer licenses may be renewed by completing the online renewal application and paying the annual renewal license fee specified under WAC 208-680-155 by your renewal date. Your renewal date is the date one year after the day your license was issued.(3)I did not complete the online escrow officer renewal process, did not pay my renewal fee by my renewal date, or my renewal fee payment was rejected. Can I still provide escrow services? No. Your license is now expired, and any escrow services you perform are considered unlicensed activities and are in violation of the act. If you continue to perform escrow services after expiration of your license, the department may investigate and bring an enforcement proceeding against you. For information about failed payments, see WAC 208-680-170.
(4)I did not complete the online escrow officer form and pay my renewal fee by my renewal date. Can I still renew my license, or do I need to reapply? Once your license has expired you have sixty days to file for renewal and to pay the renewal fee and any late renewal penalty. If you do not renew your license will be canceled on the sixty-first day. A canceled license cannot be renewed or reinstated. If your license is canceled and you wish to provide escrow services, you will have to apply for a new license. You should note that if your new license is not issued within two years of your passing the escrow test, you may have to take the escrow test again. Even if you renew your license before it is canceled, you are still liable for any unlicensed services you provided while your license was expired.
For the renewal fee structure, see WAC 208-680-155.
Wash. Admin. Code § 208-680-243
Amended by WSR 13-24-022, filed 11/22/13, effective 1/1/2014Statutory Authority: RCW 43.320.040 and chapter 18.44 RCW (as amended by 2010 c 34). 10-20-124, § 208-680-243, filed 10/5/10, effective 11/5/10.