Secured Trust Escrow

Liquor License Escrow

Secured Trust Escrow

Liquor License Escrow Services

The California Alcoholic and Beverage Control (ABC) requires an escrow for all liquor license transfers. The Escrow Officers at Secured Trust Escrow are experienced and knowledgeable with the requirements of ABC for different types of liquor license transfers. Our team of escrow professionals work with the buyers, sellers, expeditors, and the ABC officers to get the transfer of the license completed expeditiously.

Even though a liquor license cannot be permanently attached to any property, it is nonetheless considered property in California. The California Department of Alcoholic Beverage Control requires that the transaction be completed through an escrow agency. Escrow provides both the seller and the buyer with transaction transparency. Contact us now to get started.

liquor license escrow services

About Liquor License Escrows

A liquor license escrow explains the buyer’s and seller’s entire responsibilities, and it also safeguards both parties’ interests. For the buyer, it ensures that their payments are held until the license is fully transferred to ABC, and for the seller, it ensures that their funds are stored in a third-party account that has no stake in the transaction. When a license is about to transfer, ABC will request form 226 Statement of Reconsideration Deposited in Escrow, which will be released to ABC once the buyer has completely financed the license.

Although the process of selling a liquor license is similar to that of selling a home, not every escrow company is familiar with it. In California, there are just a few escrow businesses that specialize in liquor license transfers and business sales. Ask if they would produce ABC 211A Sign Off, ABC 227 Recorded Notice, and ABC 226 Statement of Consideration in their escrow instructions to guarantee the sale is going via a knowledgeable escrow business. If no, they can still supervise the transaction, but the buyer must guarantee that these documents are completed appropriately for ABC, one of which must be notarized by the seller and the other must be registered at the County Recorders Office. Message or call us to request more information.

Residential Escrow

Gain the confidence you need that your residential escrow transaction will be handled professionally. Contact us.

Business Escrow

At Secured Trust Escrow, your Escrow Officer will carefully handle your business transaction. Get started today.

Commercial Escrow

Secured Trust Escrow recognizes the unique requirements for handling commercial escrow transactions.

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Liquor License Escrows
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What Our Clients Say About Us.

“The team was amazing all the times I called into customer support. Very short or no wait times. Will definitely use you in the future.”

“I called Sally today a few times and she helped me get everything resolved and walked me through everything on the phone. Great work.”

“All along I felt the support was good. I always got a quick response from you. The service from you guys is very good. I’ll be back.”

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