>>> My reaction to this is that deciding if these requirements apply to the signing package, and if so, figuring out how to satisfy these detailed requirements, is well outside the expertise of a notary, and the lenders wouldn't want notaries trying to figure out something this complex. <<<
Gerry, I could not agree more with the above. If an NSA wants to leave the copies on a CD and not a hardcopy, I think that BOTH title and lender would have to be in agreement. I've not had the need to look into whether or not there are any federal or state requirements to provide some or all documents in hardcopy with the borrower/property owner as it has always been my experience to leave a paper copy. The E-sign law does not specify if hardcopy is to be provided. Only if hardcopy is not required, what measures must be followed in order to provide electronic copies instead of hardcopy. |
