Oregon Escrow Agency Bond
Based on Approved Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $50,000 | 1 Year | $500 |
| $125,000 | 1 Year | $1,250 |
| $250,000 | 1 Year | $2,500 |
| $375,000 | 1 Year | $3,750 |
| $500,000 | 1 Year | $5,000 |
Escrow agents applying for an Oregon escrow agent license must provide a corporate surety bond based on the amount of client trust funds received annually. Required by the State of Oregon, the escrow agency bond helps protect interested persons against covered damages resulting from violations of Oregon escrow laws, fraud, dishonesty, misrepresentation or concealment of material facts.
Cost of the Oregon Escrow Agency Bond
The cost of the $50,000 Oregon escrow agency bond is $500 per bond term with NNA Surety. The cost of the $125,000 bond is $1,250, the $250,000 bond is $2,500, the $375,000 bond is $3,750, and the $500,000 bond is $5,000 per bond term. Contact NNA Surety to secure the bond amount required for your escrow agency.
How the Oregon Escrow Agency Bond Works
The Oregon escrow agency bond holds escrow agents financially accountable for complying with Oregon escrow laws and provides financial protection for interested persons with covered claims.
The bond involves three parties:
Principal: Escrow agency
Obligee: State of Oregon
Surety: Bonding company
A claim against the bond may be filed when an escrow agent violates covered Oregon requirements or causes actual damages through covered fraud, dishonesty, misrepresentation or concealment of material facts. The principal is responsible for reimbursing the surety for valid claims paid under the bond.
How to Get the Oregon Escrow Agency Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete the application through Merchant Bonding.
- Pay the applicable bond premium.
- Receive the bond form via email.
- Download and file the bond as required for your license.
Learn more about your Oregon surety bond options across the state.
Secure Your Oregon Escrow Agency Bond
Keep your Oregon escrow licensing requirements on track by securing the required surety bond today. Contact NNA Surety to get started and select the bond amount required for your escrow agency.