Posted by Teresa/FL on 1/25/11 5:11pm
Msg #370055
Question regarding MD properties
If the closing is being done in another state (FL, for instance), is it necessary for the notary to have a TPL?
I received a call from a SS today for a refi closing on a MD property and was asked if I had a TPL. I responded that I do not but had closed loans on MD properties before (3 or 4 years ago) and did not think the TPL requirement applied if the closing was taking place outside of MD.
I suggested they contact an attorney or the Maryland Insurance Commissioner to confirm. Does anyone know the answer?
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Reply by Teresa/FL on 1/25/11 8:54pm
Msg #370089
Thanks Art, that's what I thought.
It's a moot point for the assignment today.
I would not accept $60 to print 180 pages (x 2) and conduct the closing at a location 12 miles away, then fax back all the notarized docs.
The SS did not accept my counter-offer of more than twice their fee plus $25 for fax-backs and an additional $25 if the hotel charges for self-parking.
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