Why does escrow require a second mailing address for a buyer and seller on our forms?
Escrow requires a second mailing address for a seller because when they need to send you anything (including, but not limited to, your payment check once escrow closes) they don’t want to mail it to your premises because, most of the time (not always) you are no longer in business at that premise address.
Escrow requires the second mailing address for buyers because once your escrow documents have been recorded at the county recorder’s office, escrow will mail them back to you for your Department of Alcoholic Beverage Control application filing (The Department of ABC will not allow you to file your ABC application without the county recorded documents, no exceptions) and they don’t want to mail them to a new premises that may not yet be open and accepting mail.
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