Posted by RockyMO on 9/21/12 10:07am
Msg #435221
Purchase Closings In a TC
I will be doing Purchase closings in a TC next week for the first time, it will be for 2 days all day. I am a little unsure about how to go about stamping and signing the documents, should i stamp and sign right after they sign the document or wait until they are done signing the whole package to stamp, sign and date?
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Reply by MW/VA on 9/21/12 11:14am
Msg #435232
They way it sounds, you will be doing signings back to
back. I'd do the notary work as you go, since you probably won't have time at the end.
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Reply by Linda_H/FL on 9/21/12 11:31am
Msg #435237
What do your notary laws say?
Here in FL (and now, according to Marian's letter, in CA too) - it's specific - notarizations MUST be done at the time of signing...not later.
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Reply by MW/VA on 9/21/12 11:55am
Msg #435247
I don't think they're saying "later" literally, just when
in the process.
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Reply by Linda_H/FL on 9/21/12 12:27pm
Msg #435251
no..in Florida notarizations must be done in front of
signer at time of signing...period.
CA just issued a statement on this too - right along with their "no replacement certificates allowed" statement.
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Reply by Barb25 on 9/21/12 12:34pm
Msg #435253
But if you have the docs in advance you can prep them short
notarizing them. Get everything filled in ready to notarize. Speak only for FL, of course.
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Reply by Luckydog on 9/21/12 1:13pm
Msg #435265
Re: But if you have the docs in advance you can prep them short
Sounds like a time share thing. Usually TC have their own closers, but time shares run into town once every few months and they have you close their paperwork for CHEAP at a Holiday Inn or similar..stamp and sign, and they are all lined up ready to close.
For something like this, I would personally take my time and do it in front of the signer. Are you getting paid by the hour or per closing? Just curious. It never was in my best interest to do those, if that is what they are having you do. Money wise vs a reg. closing, doesn't compare, but if you are new, it will give you experience.
Just guessing that is what it this is. If you are in fact closing at a real title company, I would still stamp and sign at closing. You are in no hurry, and perhaps you can work for them FT.
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