Posted by VA757Notary on 1/17/05 2:12am
Msg #17032
CRESPA Cert'n in Virginia
This is a question for all VA notaries. I am curious to find out how many Virginia notaries actually have this CRESPA cert'n? For those that do have it, do you find yourselves getting more business as a result? I am trying to weigh my options, e.g., is this necessary for mobile sigining agents in VA.
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Reply by Rhonda / VA on 1/17/05 10:05am
Msg #17058
The information is listed under the Code of Virginia. I am sorry but I do not have the exact information in front of me at this time. It is, however, important and does affect how signings can be conducted in Virginia.
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Reply by VA757Notary on 1/17/05 10:48am
Msg #17065
<<Re: CRESPA
Posted by PAW Notary Services on 6/2/04 2:36pm
Msg #2600 from logged in user
For everything you ever wanted to know (and lots of stuff you didn't want to know), visit the official CRESPA information section at:
http://www.vsb.org/crespa/
The Virginia State Bar Council at its October 1996 meeting in Roanoke voted to approve and recommend to the Supreme Court adoption of Unauthorized Practice of Law Opinion #183. This opinion held, in essence, that the closing of a real estate transaction in Virginia constitutes the practice of law, and its adoption by the Court would have meant that non-lawyers would have been barred from conducting such closings.
The Consumer Real Estate Settlement Protection Act (CRESPA or the Act) authorizes licensed Virginia attorneys, title insurance companies and agents, real estate brokers and financial institutions (or a subsidiary or affiliate thereof), to serve as Settlement Agents and provide "escrow, closing or settlement services" if they register with the Virginia State Bar and meet other conditions of their regulatory agencies. CRESPA went into effect July 1, 1997 and can be found at Virginia Code Sections 6.1-2.19 through 6.1-2.29.>>
This is what I used to get my information. The link in this message takes you to the most recent info about CRESPA. When you go to the site you will see links for the various forms to get the cert'n. I'm going to email the VSB and see if i can get anymore specifics.
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