This is a legal form that was released by the Texas Secretary of State - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form 3005?
A: Form 3005 is a Notice of Escrow Account used in Texas.
Q: What is an escrow account?
A: An escrow account is a separate account held by a third party to hold funds and documents for a real estate transaction.
Q: Why is Form 3005 important?
A: Form 3005 is important as it provides notice to all parties involved in a real estate transaction that an escrow account has been established.
Q: Who uses Form 3005?
A: Form 3005 is typically used by title companies or attorneys handling real estate transactions in Texas.
Q: What information does Form 3005 contain?
A: Form 3005 contains information about the escrow account, including the name of the bank or financial institution holding the account, the account number, and the name of the account holder.
Q: When should Form 3005 be provided?
A: Form 3005 should be provided to all parties involved in a real estate transaction as soon as the escrow account is established.
Form Details:
Download a fillable version of Form 3005 by clicking the link below or browse more documents and templates provided by the Texas Secretary of State.