Commercial Escrow Officer
| Company | Lennar Corporation |
|---|---|
| Location | Las Vegas, NV, USA, Reno, NV, USA |
| Salary | $28.89 – $45 |
| Type | Full-Time |
| Degrees | |
| Experience Level | Mid Level, Senior |
Requirements
- High School diploma or equivalent
- At least 2 years of Commercial Escrow Officer experience
- Valid driver’s license and reliable transportation is required
- Supervisory experience is preferred
- Notary license is preferred
Responsibilities
- Experience closing simple & complex commercial transactions required
- Communicates with title examiner and underwriter to address attorney objection letters
- Communicates and coordinates daily responsibilities with the Branch or Escrow Manager
- Draws instructions and supporting documents for signing
- Audits and closes file when all funds and documents are received
- Disburses funds
- Writes escrow instructions consistent with the requirements of the parties and obtains their approval
- Estimates the amount of money required to close escrow and obtains buyers’ and sellers’ deposits
- Reviews commitment and/or preliminary title report to verify vesting and legal description
- Reconciles discrepancies between instructions and title report with title officer and/or principals
- Orders beneficiary statements or demands, fire insurance, loan interest, rents and other prorated items
- Directs and may participate in the preparation of settlement sheets
- Trains, supervises, guides and assigns work to other associates in office
- Maintains confidentiality of all proprietary information and escrow transactions
- Understands and complies with escrow accounting procedures
- Understands and complies with Good Funds Law
- Solicits business in-person, development functions or activities or virtual
- Prepares Account Servicing Setups, if applicable
- Knows Rate Manual and quotes accurate fees
Preferred Qualifications
- Supervisory experience is preferred
- Notary license is preferred