What a waste of time and for what value?
Let's go for a ride down loan origination road....
During the underwriting process, the underwriter will always ask for a Certificate of Liability Insurance from title...or, they won't deal with them. The lender holds title responsible in large part for errors and omissions during closing.
See a pattern?
In this case however, title certifies they are covered for $5,000,000 in E&O and $10,000,000 in bond.
They do NOT certify that a notary will cover them with their little $25k and $100K policies.
I can imagine they've had their share of woes paying on the cheap to certain notaries.
Think John Hancock trying to pass the buck on the Copley Plaza lawsuit. Title is still on the hook! |
| Messages in this Thread |
|  Would you sign this? -  bhb/VA on 10/12/21 8:42pm |
|  left out quote mark after "settlement negotiations." n/m - bhb/VA on 10/12/21 8:45pm |
| Is this an office job with set hours? n/m - Colonel/IA on 10/13/21 7:08am |
|  Re: Is this an office job with set hours? - bhb/VA on 10/13/21 1:37pm |
|  Pt.time employee to, basically, a Title Co's liabilities? NO n/m - Lee/AR on 10/13/21 3:27pm |
| Well, look at it like this - Luckydog on 10/14/21 8:48am |
| I don't think so... - Lee/AR on 10/13/21 7:29am |
| You have E&O Insurance, right? I'm not an attorney but - MW/VA on 10/13/21 7:55am |
| Re: You have E&O Insurance, right? I - bhb/VA on 10/13/21 1:17pm |
| Re: Would you sign this? - Yoli/CA on 10/13/21 8:01am |
| Being a mobile NSA for the company and - Linda_H/FL on 10/13/21 8:05am |
| Re: Being a mobile NSA for the company and - Cheryl Elliott on 10/13/21 8:24am |
| Add'l thoughts & questions - Lee/AR on 10/13/21 8:28am |
| NO NO NO!! - Signerbill on 10/13/21 10:34am |
| I'm reading that you ARE and have been an IC - Bear900/CA on 10/13/21 11:37am |
| Would signing affect E & O insurance? - VT_Syrup on 10/13/21 12:27pm |
| Two things, and probably much more - Bear900/CA on 10/13/21 1:04pm |
|  Re: Two things, and probably much more - Cheryl Elliott on 10/13/21 1:12pm |
| Love, love, love the tale. True or not, it makes sense. n/m - Lee/AR on 10/13/21 3:23pm |
| Newbies: Msg above is a must-read re liability/exposure! n/m - JanetK_CA on 10/13/21 3:10pm |
| Re: Would you sign this? - bhb/VA on 10/13/21 1:34pm |
| Re: Would you sign this? - Luckydog on 10/13/21 2:22pm |
| Re: Would you sign this? - bhb/VA on 10/13/21 8:42pm |
| Re: Would you sign this? - pdl/cali on 10/13/21 2:33pm |
 | Pathetic attorney, calling notaries? - Bear900/CA on 10/13/21 2:39pm |
| Re: Would you sign this? - JanetK_CA on 10/13/21 3:29pm |
