Posted by jojo_MN on 6/17/05 8:47am
Msg #45470

MD closings-Do they need a witness?

I'm doing a closing in half an hour for a property in Maryland--borrowers in Minnesota. Do these closings need require a witness? The SS is not open yet (CA), so can't ask them. TIA

Reply by MaryL on 6/17/05 8:57am
Msg #45476

No witness required.

Reply by PAW_Fl on 6/17/05 8:58am
Msg #45478

As far as I know, MD is not a witness state. However, the lender or title company may require witnesses. Without any instructions to the contrary, I suggest that witnesses are not needed.

<<< Insert standard "not legal advice" disclaimer here >>>

Reply by Art_MD on 6/17/05 9:03am
Msg #45481

Re: MD does not require witness on anything N/M

Reply by Art_MD on 6/17/05 9:06am
Msg #45483

Re: MD closings-watch out ...

Make sure you do NOT notarize the "affidavid of consideration" which is usually on the last page of the DOT. Its unique to MD. Lender signs and gets notarized.
IF they combine notarizing borrowers sigs and the AOC into one block, cross out the section refering to " agent of the secured..."

Art

Reply by PAW_Fl on 6/17/05 9:19am
Msg #45489

Re: MD closings-watch out ...

Art mused: "... do NOT notarize the "affidavid of consideration" which ..."

Should the "befodavid of consideration" be notarized? (Just bustin' yer chops.)