Posted by SharonMN on 4/7/06 4:17pm
Msg #111983

Notary fees on resign

The situation: You go and complete a loan signing (or half of a loan signing), but because of questions the bwr had the papers end up being redrawn and the first set voided.

You go back in a day or two and have the bwr resign the same loan but with modified dates, or closing costs, or whatever.

Obviously you would include entries for both sets in your journal, and unless you screwed up you probably got paid to go back, but do you record NOTARY fees (vs. signing agent fees) in your bookkeeping for both sets or just pretend the first one never happened?

I'm in MN where the notary fee is a whopping $1, so it's not a big consideration, but I just wondered what others do.

Reply by Charles_Ca on 4/7/06 4:56pm
Msg #111994

Not considering the letter of the law but ethically I

would put both sets of fees in the journal, after all you put both sets of signatures in the journal, didn't you? At least I hope you did

Reply by thnotary_NY on 4/7/06 5:17pm
Msg #112002

Re: Not considering the letter of the law but ethically I

You should move to NY, at least the fee is $2.

Reply by Charles_Ca on 4/7/06 6:11pm
Msg #112012

Wow, simple move and double the fee! n/m

Reply by SharonMN on 4/7/06 6:32pm
Msg #112016

Moving to NY

Hmm... think the cost of living would negate my extra dollar pretty quickly!

Reply by Charles_Ca on 4/7/06 6:41pm
Msg #112017

I am certain of it SharonMN! n/m