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Disclosure Statement
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Disclosure Statement
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Posted by Jeanine Sahs on 4/21/08 3:12pm
Msg #244322

Disclosure Statement

Has anyone used a disclosure statement for their notary business? And if you have would you share an example please?

Reply by Charles_Ca on 4/21/08 3:29pm
Msg #244323

Disclosing what pray tell? n/m

Reply by RickinVA on 4/21/08 3:35pm
Msg #244325

Try this one. You will need to make some changes. I didn't save the changes that I made to make it more friendly: (Or send me a PM with your fax number and I'll send it to you WITH the changes.)

DISCLOSURE STATEMENT AND HOLD HARMLESS AGREEMENT

Please be advised that I, XXXXXXXX, as Notary Public/Signing Agent, do not represent the borrower, purchaser, seller, the lender or the title company. The Notary Public/Signing Agent is not a legal representative of, or for either the borrower, purchaser, seller, the lender or the title company and therefore cannot and will not render any legal advice or give any opinion of the loan or its terms during the course of the loan signing. The Notary Public/Signing Agent has no knowledge of, and is not responsible for the funding or closing of the loan, or compliance with the Patriot Act. The Notary Public/Signing Agent has no knowledge of tax matters. Any questions about the tax implications of the transaction need to be addressed by the borrower’s tax advisor. The Notary Public/Signing Agent is not a loan closing agent, settlement agent, loan officer, escrow officer, title officer, or the like, for this lender, or any company.
The role of the Notary Public/Signing Agent is to facilitate the signing of your loan, purchase or sale closing papers, witness you signing (including notarizing those documents that require notarization) and return the loan, purchase or sale closing papers to either the lender or the title company.
If any questions arise during the signing of your loan closing papers, please contact your lender immediately. If any questions arise during the signing of your purchase or sale papers, please contact your realtor immediately. Personal and/or professional opinions about this loan or transaction will not be given. I am a Notary Public, bound by the laws of the State of California to serve the constituents of the State of California and to remain impartial to any transaction. I will neither encourage, nor discourage any person from signing any document, nor will I give any person any advice, declaration, opinion or direction regarding any document.
If you choose, you may retain an attorney (at your expense) to handle the signing of your loan, purchase or sale papers or to advise you about the transaction. Therefore, I cannot and will not give any legal or personal advice during this transaction. You agree to hold the Notary Public/Signing Agent harmless for the loan signing process, purchase or sale signing process in any manner, including any delays in loan funding or escrow closing.


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