Posted by Sherri_IN on 12/8/05 8:35pm
Msg #81293

DOI Bulletin for Indiana Signing Agents

The department of Insurance has finally issued the bulletin stating that you will need to be a Licensed Title Producer to conduct closings or signings.

For a copy of the bulletin go to www.indianalandtitle.org

Reply by lindab on 12/9/05 6:54pm
Msg #81551

I read the bulletin but my understanding of it was that you had to be licensed to prepare the document. Since a notary doesn't prepare the document, only verify signature how does this effect us? Where in Indiana are you?

Reply by Sherri_IN on 12/10/05 9:25am
Msg #81633

The bulletin states the following:

For the purposes of this bulletin "Conduct a real estate closing" is described as a person who engages in any of the following:

1. activities to determine proper execution, acknowledgement and delivery of all conveyances, mortgage documents and other title instruments necessary to consummate a transaction.

The above is the reason you MUST have a TPL to conduct signings in Indiana. You are taking an acknowledment of the mortgage when you do the signing.

If you have any questions you should call ILTA they should be able to help.

I am on the Northside of Indy