Posted by Anonymous on 5/31/06 6:49pm
Msg #123315

In Ca. Certificate of Trust

just to make sure...the trustees are NOT the borrowers , right?

Thanx!

Reply by ananotary on 5/31/06 7:07pm
Msg #123320

The trustees are the borrower. They will sign all the necessary docs as "Jane Doe, trustee".

Reply by Anonymous on 5/31/06 7:15pm
Msg #123321

That's odd. All other docs have borrowers' names. n/m

Reply by Charlene Ortiz on 5/31/06 7:16pm
Msg #123322

Re: That's odd. All other docs have borrowers' names.

There will be lots of docs that don't require the borrowers to sign as trustee's. Only the necessary docs will have them sign as trustees, ie the deed of trust, etc.

Reply by NCLisa on 5/31/06 8:18pm
Msg #123335

The cert of trust is used instead of having a title officer review a very cumbersome trust. The cert is to provide the names of the trustees, successor trustees, and powers of the trust. They are wonderful docs, I really wish that NC would start using them.