Escrow Instructions Form. This is a California form and can be use in Bureau Of Real Estate Statewide.
Tags: Escrow Instructions, RE 621, California Statewide, Bureau Of Real Estate
(Subdivision Name, Tract or Parcel Map Number and Lot/Unit Number)(Name of Escrow Depository) ■ In accordance with the provisions of Section 11018.5(a) of the Business and Professions (B&P) Code, reasonable arrangements to assure completion of County of (hereafter The Subdivision) including all common areas and facilities included in the offering, (hereinafter Escrow Depository) is hereby instructed that no funds received by Escrow Depository from or on behalf of a prospective buyer of a lot, parcel, unit or other subdivision interest in The Subdivision shall be disbursed from escrow, nor shall any charge be made against the escrow account of the prospective buyer by Escrow Depository unless and until title 227or other interest contracted for by the prospective buyer 227 to the lot, parcel, unit or other subdivision interest is conveyed ■ ■ (i) ■ (Use for non-cluster housing planned development.) ■ (ii) ■ (Use for cluster housing planned developments.) ■ of Tract ■ and the cluster residential structure(s) which contain(s) the subject lot222s living unit, covering all lots ■ (iii) ■ (Use for condominium projects wherein everything except the living units is owned in common [undivided interests] by all owners.) ■ total of residential units.(iv) ■ (Use for condominium projects wherein the land parcel is conveyed to the homeowners association and the residential building parcels, excepting units, are owned in common [undivided interests] by all owners of individual units located within the building.) ■ ■ andeach of the groups of lots which comprise a cluster building.) ■ AND ■ buyer will receive in The Subdivision and insuring against possible future mechanics liens that are not recorded as of the close of escrow. SUBDIVI■sSION■sS STATE OF CALIFORNIA■DDEPARTMENT OF ■RREAL ■EE■sSTATEESCROW INSTRUCT■iIONS [24711018.5(a)] American LegalNet, Inc. www.FormsWorkFlow.com RE 621 Page 2 of 2 SIGNATURE ■ DATE ■EsES CROW DEPO ■sS ITORY ■T T ITLE OF SIGNER ■AddADD RE ■ssCSS C ITY ■ STATE ■ ZIP CO ■dD EESCROW ■DD EPOSITORY ■ thereof.SIGNATURE OF SUB ■dD IVI ■dD ER ■ DATE ■PP RINTE ■dD ■NN AME OF SUB ■dD IVI ■dD ER ■T T ITLE ■AddADD RE ■ssCSS C ITY ■ STATE ■ ZIP ■CC O ■dD ESUB ■DD IVI ■DD ER ■ Investigator or Manager to signify DRE acceptance of the form of the Supplemental Escrow Instructions and the amount of ■orOR ■ security in a form and amount acceptable to the Department of Real Estate of the State of California (hereafter DRE) to assure the lien-free completion of all those improvements which are not completed and paid for as of the date of ■ The estimated completion date of the non-residential common areas and facilities is and the estimated completion date of the residential units in the subdivision is . American LegalNet, Inc. www.FormsWorkFlow.com