I need some opinions on this. I have been a notary signing agent for 2 and 1/2 years but recently some instruction with a Signature Affidavit got me wondering.
Assume the borrowers name is John Smith (not his real name). His legal signatures include John Smith, John E. Smith and John Smith Jr. The documents are all imprinted with and signed as John Smith. On the Signature Affidavit I have him print his name on the left side and sign his name on the right side, like this:
John Smith (printed) John Smith (signed)
John E. Smith (printed) John E. Smith (signed)
John Smith Jr (printed) John Smith Jr (signed)
However the instructions from this one lender said this is incorrect, that they'd been getting many done incorrectly from notaries and closing agents, and that no matter what is printed on the left hand side, his signature on the right hand side should all be the same, and all be John Smith since that's how he's signing the docs. In other words he should have signed:
John Smith (printed) John Smith (signed)
John E. Smith (printed) John Smith (signed)
John Smith Jr (printed) John Smith (signed)
Do you feel the instructions were correct? I've never had any returned to me doing it the way it's shown in the first example.
Thanks |
