Posted by TK/VA on 3/16/10 7:13am
Msg #327477

what are "Marked up" Title Docs

I am doing a signing today and I have done over 100 signings. I did quit the business for a couple of years with the birth of my daughter and am getting back in. I have re-read message 33325.

I have not come across this term, and not sure it can completely be put into a box. Can someone please explain what "Marked up" Title docs are and what they are referring to?

Also, has anyone been asked to sign the NOTE, yes, I mean NOTE, not DEED! I told the company no way no how is my name going on that page with a signature WITHOUT a certificate. IS this for real?

Reply by CopperheadVA on 3/16/10 7:55am
Msg #327480

Regarding the NOTE, are you referring to the certification verbiage that in common on Virginia notes? If not, I've never been asked to sign the note without a certificate and you are right to be questioning that.

Reply by RJE/MI on 3/16/10 8:28am
Msg #327482

RE: Marked Up


Are your talking about a marked up title commitment which is the document with all the requirements, liens on the property and legal desc.? If so, the commitment gets "marked up" as requirements are met before they can issue the Final
Title Policy.

Reply by Lee/AR on 3/16/10 8:28am
Msg #327483

I think they think you're a Title Co.

Better give 'em a call and be sure you & they are on the same page. Many, many years ago I had a somewhat similar call and the tipoff that something was amiss was when they asked me about my Trust Account & issuing closeout checks. Mmmmm... I don't think so~~

Reply by RJE/MI on 3/16/10 8:32am
Msg #327484

A lot of times Real Estate Agents and lenders want to see the Marked Up commitment before close so they can be sure all liens on the property have been addressed.
I never heard of of Marked Up Docs so if that is really what you are looking for I am interested in knowing what that is when you find out.

Reply by ReneeK_MI on 3/16/10 10:12am
Msg #327497

When doing purchase closings, you'll run into the request for "marked-up title". As Lee stated, it's a hand-marked title commitment notating the items 'cleared' (paid, closed, satisfied, executed, etc) at close & disbursement. Definitely NOT something anyone but the title/settlement agent should provide.

Reply by TK/VA on 3/16/10 11:45am
Msg #327517

Thank you for all your help with this. The signing agency asked to resort the package calling for the "Marked Up Title Commitment", and I wasn't sure what this was. This is a refinance. And i am still unsure about the Note "Certification": "This is to certify that this is the Note described in and secured by a Deed of Trust dated _ on the Property located in __________, Virginia." to be Signed, and sealed by me. How can I legally certify this when I am certifying this as a copy, but rather a document referred to by the Deed?

Reply by TK/VA on 3/16/10 12:07pm
Msg #327524

OK, got some clarity from my Great Gal Shannon (thanks!), it is common language, and I can use this as an acknowledgement. And not to worry about the marked up docs as they probably are not in the pkg. And, to be sure the borrower returns the funds in a separate envelope.

Reply by MW/VA on 3/16/10 5:44pm
Msg #327575

sent you a P/M n/m