What is the Texas PC132 Form?
The Texas PC132 form is an application used for obtaining a license to act as an escrow officer in the state of Texas. It is processed by the Texas Department of Insurance (TDI) and consists of several sections that applicants must complete, including providing personal identification, employment history, and background information.
Who needs to fill out the PC132 Form?
Individuals seeking to become licensed escrow officers in Texas must complete the PC132 form. This includes both attorneys and employees of licensed title insurance agents or direct operations. Anyone wishing to act as an escrow officer must submit this application to TDI.
What information is required on the form?
The form requires detailed personal information, including your full name, residency address, Social Security number, and contact information. Applicants must also disclose their employment history over the past five years, any previous criminal charges or convictions, and any other pertinent personal data related to previous licenses.
What is the fee for submitting the PC132 Form?
A licensing fee of $35.00 must accompany the PC132 form when it is submitted. This fee supports the processing of the application and the issuance of the license, should it be approved.
Do I need a bond to apply for this license?
Yes, if required, you must attach a Texas escrow officer's schedule bond to the application. If this bond has already been filed with TDI, you'll need to submit an endorsement or rider instead.
What happens if I act as an escrow officer before obtaining a license?
Acting as an escrow officer before your license is issued can lead to serious consequences. This is considered a violation of Texas law and can result in disciplinary action, including fines or the denial or revocation of your license application.
How long will it take to process my application?
The time for processing the application can vary based on several factors, including the completeness of your submission and whether any additional documentation is required. Applicants should ensure they provide all necessary information to avoid delays in processing.
Can prior criminal convictions affect my application?
Yes, any prior criminal convictions can impact your ability to obtain a license. You must disclose any misdemeanors or felonies, and providing certified copies of relevant documents is essential. TDI will review this information during the application process. Providing credible references may also help your case.
How can I check the status of my application?
To check the status of your application, contact the Texas Department of Insurance. They can provide information about where your application stands in the review process. It's a good idea to keep records of your submission and any communication with TDI.