Category: Real Estate

Form-of-the-Week: Escrow instructions, and beneficiary statement — Forms 401 and 415

An agent or escrow officer uses RPI Form 401 when preparing instructions to open a purchase escrow with an escrow officer, and RPI Form 415 when escrow requests mortgage information from a mortgage holder regarding their lien on a property to confirm the terms of the debt or obtain a payoff demand.

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