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Loan Signing Question
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Loan Signing Question
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Posted by Joshua Garrison on 8/8/06 5:35pm
Msg #137654

Loan Signing Question

I am a notary in the state of South Carolina and have been contacted several times about signing loan documents. It is my understanding that notaries in SC can't sign loan documents. Is this true? If it is not true, what information do I need to know and be familiar w/ prior to siging a loan document?

Reply by Sylvia_FL on 8/8/06 5:43pm
Msg #137655

South Carolina is an attorney state.

Reply by LkArrowhd/CA on 8/8/06 7:41pm
Msg #137666

Re: Loan Signing Question-Josh where are you in SC? n/m

Reply by DeliveryBoy on 8/24/06 3:48am
Msg #140488

SC

Yep, "attorney state" means you can't do closings unless you're licensed as an atty. in that state. Applies to refi.s, HELOCs, etc., as well as purchases. If you do a closing and are not licensed as an atty. in that state it's a misdemeanor (unauthorized practice of law).

I think there are 7 atty. states? GA, SC, MA, DE, WV, VT, MD, (and IL requires either an atty. or title agent?).


 
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