New member to group..

Hello all,

I have a question..That has prob. been ask numerous times before, and I apologize in advance..I am a Notary and now have my Real Estate License...What can I, Can't I, should I, and / or shouldn't I do, as a Notary in the Real Estate side of my life?

 

2 Comments on New member to group..

Hello,

I am not sure about your area, however in PA it is my understanding that you can not notarize a closing packet if you are directly or your office will benefit from that closing, (like obtaining commissions), per discussion with my real estate attorney.  It is consider a conflict of interest. 

It is similar to the banking laws, in which a bank may not use an internal notary to assist in inventorying the contents of a safe deposit box.  They must use a notary who is not affiliated with the bank to provide the service. 

You may want to check your state guidelines or speak with a real estate attorney. 

Good Luck and Welcome!

 

04/16/2008 07:48 AM by Pamela Knight (Urban Knight Enterprises, Inc.)


Thank you very much..It is very interesting when you get into another busniess and have some tool or experience that can't be used by yourself directly..

04/16/2008 10:57 PM by Paul Budrow (Keller Williams)


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Real Estate Agent: Paul Budrow (Keller Williams)
Paul Budrow
Sedro Woolley, WA
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Keller Williams

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