Posted by Linda Juenger on 10/3/12 7:51pm
Msg #437066

Question for IL notaries

I've signed a few auto refinance loans but its been a while back. The few that I have done have been in a public place (Subway and McDonalds). I vaguely remember the company telling me that IL law is that it has to be signed in a public place and not a place of residence. I've spent the last hr googling and cannot find anything stating this. Can anyone direct me to it or prove me wrong? Thanks

Reply by trnsa_IL on 10/3/12 8:45pm
Msg #437075

Hi Linda, I usually see a form in the doc package which includes a list of where they are not allowed to be signed. I have not had to think much about why.

Hope things are well with you!! :0)

Reply by Linda Juenger on 10/3/12 8:59pm
Msg #437077

Hi Tonya. They are O/N the docs to me. I will look for that form.

I'm good and hope things are going well for you and your family, esp your sis.

Reply by Saul Leibowitz on 10/3/12 11:24pm
Msg #437105

I think the rule is the lender's. Even if I am wrong, the theory is that the borrower/seller/buyer is not being blackjacked into something in their own homes.