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STATE OF CALIFORNIA BUREAU OF REAL ESTATE MATTERS!ESCROW ACTIVITY REPORT RE 890 (Rev. 9/13) This report is being filed pursuant to Business and Professions Code 10141.6. NAME OF REPORTING BROKER (CORPORATION

How to fill out escrow activity report

How to fill out escrow activity report:

1. Begin by gathering all necessary documentation and information related to the escrow transaction. This may include escrow account statements, transaction receipts, and any other relevant paperwork.
2. Review the escrow activity report template provided by your financial institution or regulatory authority. Familiarize yourself with the required sections and the specific information that needs to be included.
3. Start by entering the basic details of the escrow transaction, such as the transaction date, account number, and the names of the parties involved.
4. Proceed to document the amount of funds deposited into the escrow account. This can typically be found in the account statements or payment receipts. Ensure accuracy by double-checking all figures.
5. Next, detail any disbursements made from the escrow account. Include the recipient's name, the purpose of the disbursement, and the amount disbursed. Make sure to provide clear explanations for any expenses or transfers.
6. If there have been any changes to the escrow account balance due to interest earned or service fees deducted, include these adjustments in the report as well.
7. Finally, review the completed report for any errors or omissions. Make sure that all required sections are filled out correctly and that the information provided is accurate and up to date. Sign and date the report before submitting it to the appropriate recipient.

Who needs escrow activity report:

1. Financial institutions: Banks, credit unions, and other financial institutions that administer escrow accounts often require escrow activity reports to ensure compliance with regulatory requirements and to track account activity.
2. Regulatory authorities: Government agencies or regulatory bodies responsible for overseeing financial institutions and their activities may request escrow activity reports to monitor and audit compliance with industry standards.
3. Lawyers and legal professionals: Escrow activity reports may be needed by lawyers and legal professionals involved in real estate transactions, as these reports provide a comprehensive record of all financial activities related to the escrow account.
4. Account holders: In some cases, account holders themselves may request escrow activity reports in order to track the progress of a specific transaction, monitor account balances, or for personal record-keeping purposes.

For pdfFiller’s FAQs

What is escrow activity report?

The escrow activity report is a document that details the financial transactions and activities related to an escrow account.

Who is required to file escrow activity report?

Individuals or entities that oversee escrow accounts, such as real estate agents, attorneys, or title companies, are typically required to file the escrow activity report.

How to fill out escrow activity report?

The escrow activity report is typically filled out by providing detailed information about the transactions, balances, and other activities related to the escrow account.

What is the purpose of escrow activity report?

The purpose of the escrow activity report is to provide transparency and accountability for the funds held in escrow accounts, ensuring that they are being handled properly and in accordance with regulations.

What information must be reported on escrow activity report?

Information such as transaction details, account balances, disbursements, and any discrepancies or exceptions must be reported on the escrow activity report.

How do I make changes in escrow activity report?

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