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so technical question for those title and loan peeps.....
Posted by notarydi/CA of CA on 3/24/17 6:22pm Msg #572570
so my signing last night was a refinance with the Trust and successor trustees Jane Doe and Jill Doe GRANTING to Jane Doe, unmarried woman, and Jill Doe and John Doe wife and husband all as tenants in common.

The Occupancy Affidavit has a section that asks "date property acquired". Would that be the date the last trustee died? In theory, the property in trust passes through to the successor trustees upon the last survivor's death. Right?

They weren't sure what to put. They thought they should put the date this loan closes, but, that does not seem right to me. We left it blank and I advised them to reach out to their loan rep or escrow this morning.

Is it really a refi.....or should it have been structured as a purchase? Way above my pay grade....

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Messages in this Thread
 so technical question for those title and loan peeps..... - notarydi/CA on 3/24/17 6:22pm
 Re: so technical question for those title and loan peeps..... - Luckydog on 3/24/17 6:52pm
 Re: so technical question for those title and loan peeps..... - JkWa on 3/24/17 7:59pm
 I rarely have time to "prep" before an appointment. n/m - ananotary on 3/25/17 9:13am
 Re: so technical question for those title and loan peeps..... - Bear900/CA on 3/24/17 8:14pm
 the one daughter has lived in the property - notarydi/CA on 3/24/17 10:42pm
 and, thanks Bear for your helpful response.....:) n/m - notarydi/CA on 3/24/17 10:54pm
 fyi..... - notarydi/CA on 3/24/17 11:17pm
 Re: fyi..... - Luckydog on 3/25/17 7:42am
 Re: fyi..... - LKT/CA on 3/25/17 1:47pm
 s/b enlightenment... not enlightment n/m - LKT/CA on 3/26/17 7:49am
 Agree notarydi/ca n/m - ananotary on 3/25/17 9:14am
 Re: the one daughter has lived in the property - Bear900/CA on 3/25/17 1:44am



 
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