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Having trouble with notarial wording.....
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Having trouble with notarial wording.....
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Posted by Susan Bryant on 5/29/07 9:32pm
Msg #192633

Having trouble with notarial wording.....

On this 29th day of May in the year 2007 before me NOTARIES NAME a notary public in and for said state presonally appeared BORROWERS NAME of the _____________, of the ________________ corporation, personally known to me (or proved to me on the oath of _________________) to be the person who executed the within______________________.



____________________

Thanks for your help.

Reply by MelissaM_FL on 5/29/07 9:36pm
Msg #192634

It looks like a corporate acknowledgment to me. Are you doing a transaction involving a corporation?

Reply by Susan Bryant on 5/29/07 9:49pm
Msg #192637

It is a non-occupied property (investment) with a non-borrowing spouse. Nothing on any docs regarding a corporation except for this one. A little confusing to me.

Reply by Sylvia_FL on 5/29/07 9:51pm
Msg #192638

Susan
As Melissa says this sounds like a notarization for an officer of a corporation. Just replace it with a loose certificate - after checking whether they require an acknowledgment or a jurat.

Reply by Teresa/FL on 5/29/07 10:07pm
Msg #192639

Is the document to be signed by the borrower(s) or by the

lender? Sometimes there are documents in a loan package that do not require the borrowers' signatures, such as the assignment of mortgage.

Reply by Susan Bryant on 5/29/07 10:12pm
Msg #192640

Re: Is the document to be signed by the borrower(s) or by the

There is a signature line at the top for the lender to sign and underneath is the other wording.

Reply by Teresa/FL on 5/29/07 10:14pm
Msg #192641

Re: Is the document to be signed by the borrower(s) or by the

Then you don't need to do anything with the document.

The lender is not signing in front of you, so you do not perform a notarization on the document.

When the package is returned to the lender, someone there will sign and then the document will be notarized.


 
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