Posted by MW/VA on 8/27/10 8:30pm Msg #350761
Is Mass. an attorney only state? n/m
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Reply by Maureen_nh on 8/27/10 8:52pm Msg #350766
Re: Is Mass. an attorney only state?
Yes
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Reply by BrendaTx on 8/27/10 9:25pm Msg #350768
Re: Is Mass. an attorney only state?
But, it's not out completely. Notaries can work on loans, as I understand it, if the notaries are employed or supervised by a notary.
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Reply by FlaNotary2 on 8/27/10 9:33pm Msg #350772
Re: Is Mass. an attorney only state?
*** if the notaries are employed or supervised by a notary ***
Would this cause a never-ending chain of notaries supervising other notaries? :-)
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Reply by BrendaTx on 8/27/10 9:43pm Msg #350774
ARgh! I am so busted! You found me out...
I am promoting notary chains.
However, if the notary was supervised or employed by an attorney...not as interesting, but it will work.
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Reply by Maureen_nh on 8/27/10 10:28pm Msg #350776
Re: ARgh! I am so busted! You found me out...
Or if they are employed by a bank or some other such entitty that totally freaked out after they found out that business was grinding to a halt after the lawyers pushed their little money grubbing bill through. Actually at the time, it wasn't a bill, it was an executive order--got to pay back all those contributors, you know. That is where the famous photo of the executive chief of the NRA is shown grinning and shaking the hand of the gov as they "improved" the notary laws in MA
Hey Brenda, send me a note will you? Remind me to order a copy of your reverse mortgages for dummies.
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Reply by MW/VA on 8/28/10 7:19am Msg #350792
Question is--if it's a MA property, can the loan be signed
by a notary if it's being signed out of state? I got an assignment for this week & I'm not sure I can do it. I'd like to know before I call the tc back on Monday. TIA
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Reply by PAW on 8/28/10 7:23am Msg #350794
Answer, yes.
EO-455 and subsequent bills and legal notices, pertain to closings within the limits of the Commonwealth. So, if you're closing on MA property, have at it. You are not required to be employed or supervised by an attorney to conduct the closing in VA.
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Reply by MW/VA on 8/28/10 7:26am Msg #350796
Thanks, Paul. I knew you'd have the answer! :) n/m
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Reply by Georgia Attorney Closings on 8/28/10 9:38am Msg #350803
Re: Answer, yes.
a nationwide agency was recently awarded almost $1,000,000 in legal fees by the US Court of Appeals from a suit brought against them by the MA Real estate Bar Assocociation.
it is case 09-1809
so, who is winng here?
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Reply by John/CT on 8/29/10 7:54pm Msg #350870
REBA vs NREIS: "so, who is winng here?"
The Court of Appeals reversed the decision by the U.S. District Court, and denied the judgement allowing NREIS' approx. $1 million legal fees. Supposedly sent the case back to the Massachusetts Supreme Judicial Court. Otherwise, this would have been a landmark event concerning the so-called "attorney only" rule. Nothing new or different that I know of at this point.
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Reply by John/CT on 8/29/10 8:00pm Msg #350871
However, some TC's require an attorney ...
to be standing by or actually on the telephone during the signing to answer any questions. In case of the former, you may be asked to call the attorney afterwards to confirm everything went OK. At least, that's been my experience.
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