Is the right to cancel 4 pages of the same that 1 signer has to sign?
Thank you for your input
Typically there are 3 copies per signer, 1 is returned with the docs and 2 copies that have been signed acknowledging their right to cancel are left with the signer. Sometimes, there are instructions stating more copies be returned to the lender-but you MUST make sure you leave the signer the 2 executed copies. This is considered a critical document.
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Thank you so much for the clarification
Here’s what I do:
First, I always make a complete copy of the entire package - every document. When we’re at the signing table (or coffee table, saw horse, trash can, car hood or whatever 
) I have the signers sign the three (sometimes two) copies of the RTC after pointing out the critical dates thereon. I show the signers where their copies are in the copied package I’m gonna give 'em when the signing is completed and show them where they must sign if they decide to call the whole thing off. I send all the signed forms back with the completed package. No biggie.
I’ve always been curious how many deals I’ve handled that actually did cancel and why. Guess I’ll never know.
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It has been quite some time since I last encountered a right-to-cancel situation. It is now appropriate to utilize the Rescission Calendar. In my locality, there is minimal interest in refinancing a home loan exceeding 2 million dollars at the current interest rates. However, during my numerous Notary refinance assignments, the standard procedure involved providing two signed and dated copies to the borrower and one signed copy to the title company.
@jdianarawson The procedure identified in the excerpt above by ewing_joe PERFECTLY mirrors the process I’ve utilized since the onset of providing Professional Signing Agent [PSA] services (nearly two decades).
If a RTC is used by a signer, they must return the signed and executed document from your signing.
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