That is correct, every owner of the property must get two copies each for their records as long as it is their primary residence. The lenders need to get back two signed by each owner as proof two were given to each owner.
Whenever I get extras I just have them sign all of them and make sure they get their required two each. Sometimes lender will put all owners on one RTC but that is really incorrect as the all must get their own two copies. I usually print more and give out what is really needed but if all the names are on one I will have them sign it that way as long as they get the correct number of copies. |