I used the “goldmine” and found some answers but I’m annoyed that lenders are consistent in their request. What I can’t seem to find is what difference it makes if printing trustee is done or it isn’t. The documents speak for themselves, don’t they? What additional purpose is served if the signer prints trustee (or the whole trust name, for that matter) on the document?
And while I’m on about this, someone tell me why the signer has to initial in the lower left corner on all those skimpy credit report disclosures with the graph in the middle. What good does that initial do? Acknowledge that the signer saw it? It’s a closing for goodness sake. What good does initialing at closing do? What if it wasn’t initialed - what would happen? Maybe someone knows; I can’t figure it out. Maybe I’m showing my dopeyness, I don’t know.
He who has the money makes the rules…remember that?
What Lender wants, Lender gets. And honestly, no - if you’re signing in a representative capacity, your authority should be required - i.e. John Jones, Trustee (or AIF or President or Member/Manager or whatever).
And I agree with you - nothing more annoying than having to write out the entire trust wording - imagine pre-computer days and prepping a closing package and having to TYPE ALL THAT WORDING OVER AND OVER AD NAUSEUM!!! caps on purpose LOL
A current and recurring topic in the world of the internet. The signer’s signature should not come as a surprise when they start signing. When examining the signer’s ID, pay attention to the signature; that is how the signature is confirmed. For a nominal fee, the county clerk and the secretary of state will validate a notary’s signature. Any deviation from the recorded example will be declined and could invalidate the notarization.
