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25F - AGMT - TITLE AND ESCROW SRVS
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25F - AGMT - TITLE AND ESCROW SRVS
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Last modified
4/2/2015 4:24:26 PM
Creation date
4/2/2015 3:22:27 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
25F
Date
4/7/2015
Destruction Year
2020
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SECTION C -E <br />ESCROW <br />Except for rates under Sections C -E -6 (Miscellaneous Services), the escrow rates set forth In this Section constitute <br />the total escrow rate for the given transaction and are not to be charged on a "per side" basis. However, the total <br />escrow rate may be apportioned to either side in accordance with the instructions of the parties, The applicable <br />escrow rates shall be determined by the county where the escrow Is being handled and not the county where the <br />property Is located. <br />DEFINITIONS., <br />BASICESCROWSERVICES means the primary escrow services, including but not limited to: <br />document preparation, <br />• electronic document download, <br />receipt of Incoming funds and Issuance of disbursements, whether by check or wire transfer, <br />• overnight delivery, and <br />• processing of a subordination <br />BASIC ESCROWSERWCESdo not include the following services: <br />• notary and signing services, <br />• recording fees, <br />• check returned due to insufficient funds, <br />interest bearing account set -up, <br />• funds held in escrow over 90 days after either close of escrow or estimated close of escrow, <br />• additional fee for Escrows Involving I.R.0 § 1031 Exchanges as set forth In subsection C -E -6 below, <br />• fens for services obtained from a third party (other than the Company) and not otherwise specifically <br />Included in this Schedule of Fees, <br />specially retained messenger service to accommodate or comply with the instructions of the parties In a <br />specific transaction for which the Company is Invoiced based on the individual service request, or <br />• transfer tax or any other governmental fees or charges, <br />.so, <br />O 2014 First American ntie Insurance Company. All rights reserved. <br />25F -27 <br />November 10, 2014 <br />
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