Posted by Marlene/USNA on 7/11/07 10:09am Msg #199348
Rhode Island and attorney-only signings
Has there been some legislation about this topic in the last year or two?
We had an inquiry from a Rhode Island notary who insists that Rhode Island is now an attorney-only state. Our research hasn't produced any support of this, nor has a search on NotRot.
Thanks for any info you can provide.
Marlene/USNA [e-mail address]
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Reply by PAW on 7/11/07 11:57am Msg #199367
I work with a few RI companies and local notaries there, and have heard nothing about RI becoming an "attorney-only" state.
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Reply by Becca_FL on 7/11/07 12:03pm Msg #199368
I remember seeing something about changes for RI title companies, but can't remember where I saw it. I read it w/i the past 2 weeks and remember thinking about how the change would affect ENT.
I'll keep looking, Marlene, and I'll post if I find something.
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Reply by Marlene/USNA on 7/11/07 3:44pm Msg #199413
Thanks for the info! Most appreciated. . . n/m
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Reply by BobbiCT on 7/12/07 11:46am Msg #199568
Maybe: Rhode Island attorney-only signings
Nothing concrete, but ...
From a neighboring state perspective: MAYBE because of the many Massachusetts and Connecticut lawsuits and actions brought by attorneys, the lenders and title insurance companies are getting worried about Rhode Island. A few could be taking the conservative stance that "it's better safe than sorry" and decided to some loan signings to go through an in-state attorney.
I've had a rare few where I've seen and heard of this being done because the lender wanted it that way ... and the borrowers, even though getting their loan, sounded like high-risk, most likely to complain and sue after they get their money.
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