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You absolutely had to report to the title company
Posted by  HisHughness of TX on 8/23/12 10:19am Msg #431653
You were handling that transaction as a signing agent, not just a notary. The signer conveyed to you that one of the documents she was executing was incorrect. At that point, it was NOT your decision to make to determine whether the disclosure was significant; that was somebody else's decision.

In the unlikely event litigation ever arose over that question, you would be hard-pressed to make the case that you had no responsibility to report that to the responsible party. Put it in another context: What if the signer had told you she had just been fired, and did not have the means to meet her monthly loan payments? Would you then feel you had an obligation to report?
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Messages in this Thread
 I did the right thing calling title, borrower doesn't agree -  Linda_in_MI on 8/23/12 7:08am
 Re: I did the right thing calling title, borrower doesn't agree -  Linda_H/FL on 8/23/12 7:14am
 I disagree - lindetteh_PA on 8/23/12 8:43am
 I think I would have completed the signing & told them -  MW/VA on 8/23/12 8:59am
 Re: I disagree - ValleyGrl/VA on 8/23/12 9:02am
 Re: I disagree - Buddy Young on 8/23/12 9:50am
 BORROWER blew this - I agree with you, Linda A. -  ReneeK_MI on 8/23/12 9:50am
 I agree with you, too, Linda H! lol n/m -  ReneeK_MI on 8/23/12 9:55am
 You absolutely had to report to the title company -  HisHughness on 8/23/12 10:19am
 Thank you! BO had signed saying form was accurate-it wasn't -  Linda_in_MI on 8/23/12 1:27pm
 I agree with Hugh and how Linda handled the situation. n/m -  Moneyman/TX on 8/24/12 5:54am
 As usual, Rene, perfect explanation!! n/m -  sigtogo/OR on 8/23/12 12:57pm
 Speaking of employment verification, I'm due to sign my -  MW/VA on 8/23/12 10:41am
 Kris who?? lol n/m -  sigtogo/OR on 8/23/12 12:56pm
 That's interesting. n/m - Barb25 on 8/23/12 2:17pm
 I don't think you did do the right thing. -  PegiT_MN on 8/23/12 12:59pm
 What ever happened to just sending back a note/email to - Barb25 on 8/23/12 2:24pm



 
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