Under federal law, some — but not all — mortgages include a right of rescission, which gives the borrower 3 business days following the signing of a loan document package to review the terms of the transaction and cancel the transaction. The rescission period starts the first business day following the date of signing and ends at midnight on the third business day. Sundays and federal holidays do not count toward the rescission period.
Read MoreNotaries are often asked to certify that a photocopy of an original document is a true and accurate reproduction of the original. However, Notaries aren't allowed to certify copies in every state. Here are some important copy certification facts that all Notaries should know.
Read MoreWhile it’s possible to notarize a document written in a foreign language, it’s very important to take steps to ensure you aren’t being misled about the document’s content or the signer’s intentions before you proceed. Here are three important questions to ask before notarizing.
Read MoreFrom drafting to signing, contracts navigate a predictable path through nearly every organization. However, without a clear understanding of the contract lifecycle management (CLM) process, many businesses have trouble identifying areas in their internal processes that can be improved—where time can be saved, errors avoided, and revenue captured.
Read MoreNo one likes to deal with government red tape. For Notaries, red tape usually means confusing or inappropriate requests to notarize government forms. It might be instructions on the form to perform an unauthorized act, stamp a document without room for the seal, place half a seal impression on a photo or complete notarial wording that doesn’t comply with the law. If you encounter one of these tricky forms, here’s what you need to ask before proceeding.
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