If you are engaged as an escrow agent in Oregon you are required under section 696.505 to 696.590 of the Oregon Revised Statutes to file an Oregon Escrow Agent Bond as a condition of licensure.
Bonds Express offers an Oregon Escrow Agent Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Oregon Escrow Agent Bond holds you accountable for your business decisions.
By possessing an Oregon Escrow Agent Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.