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Copy of EASCV Mag Summer 2026 issue 07

Page 1


EASCV

FORTHEESCROWPRACITIONER

Established in 1974

SANTA CLARA VALLEY
Escrow Association of Santa Clara County

Eascv Board of Directors

PRESIDENT

ROB VAN STEEN

SECRETARY

LINDA MURPHY

TREASURER

JOETTE JOSEPH

DIRECTOR

WENDY VARGA

DIRECTOR

JENNIFER ADAMS

DIRECTOR

CHERIE SAENZ

EASCV

Escrow Association of Santa Clara County

FORTHEESCROWPRACITIONER

Established in 1974

Jennifer Adams attended the American Escrow Association AEA edu conference this year in Las Vegas A new term was introduced as yo professional designation : Real Estate Data and Finance Manager. Y Thoughts?

Email me at teuninck@gmail com

Warm regards,

DearEscrowPractitioner,

TheEscrowAssociationofSantaClaraValleyiscommittedtoproviding valuableprofessionaldevelopmentopportunities,industryupdates, educationalprograms,andnetworkingeventsthatsupportyoursuccessand growthinourprofession.

Toensureyoureceivetheseimportantcommunications,wekindlyaskthat youprovideyourpreferredpersonalemailaddress.Manycompanyemail systemshavesecurityfiltersandfirewallsthatcanblockordelay associationcommunications,makingitdifficultforustokeepyou informed.

YourpersonalemailwillbeusedsolelyforCaliforniaEscrowAssociation communicationsandwillnotbesharedwithoutsideparties.

Ifyouwouldliketostayconnectedandreceiveupdatesoneducational offerings,industrynews,events,andothermemberbenefits,pleasereply withyourpreferredpersonalemailaddressorupdateyourcontact informationusingthelinkbelow.

ThankyouforyourcontinuedsupportoftheCaliforniaEscrow Association.Welookforwardtokeepingyouinformedandengaged. Warmregards, [TheBoardofDirectors

DEMANDS

FROM

BROKERS TO DISBURSE FUNDS

WHY ARE ESCROW HOLDERS PERMITTED TO DISBURSE FUNDS TO TRANSACTION PARTIES BUT FACE REGULATORY CONCERNS WHEN DISTRIBUTING EARNED COMMISSIONS TO LICENSED REAL ESTATE PROFESSIONALS?

WHAT SPECIFIC STATUTES OR REGULATIONS DO DOI, DRE, AND DFPI RELY UPON WHEN RESTRICTING COMMISSION CHECK DISTRIBUTION SERVICES BY ESCROW COMPANIES, AND ARE THOSE INTERPRETATIONS CONSISTENT ACROSS AGENCIES?

WHAT COMPLIANCE SAFEGUARDS WOULD REGULATORS EXPECT IF ESCROW COMPANIES WERE ALLOWED TO PROVIDE COMMISSION DISBURSEMENT SERVICES AS A CONVENIENCE TO CONSUMERS AND REAL ESTATE PROFESSIONALS?

MAYBE LET’S GET TOGETHER AND SOLVE THIS PROBLEM?

EASCV

Escrow Association of Santa Clara County

FORTHEESCROWPRACITIONER

SANTA CLARA VALLEY

Established in 1974

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Copy of EASCV Mag Summer 2026 issue 07 by teuninck - Issuu