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 My understanding is all monies exchanged in the course
Posted by  Linda_H/FL on 7/28/11 3:56pm

of the transaction at hand MUST be accounted for on the HUD - there can be no side payments or monies exchanged, nor can there be any side agreements for a promise of funds.

I agree - I think it's a RESPA violation and I think this notary could end up in a boatload of trouble if someone decided to contest it. Hold Harmless signed by hiring party agreeing to the duties the notary will perform, that's one thing. Promise/agreement to pay is a problem.


My .02 FWIW
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