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NSA 101: The Notice of Right to Cancel form (how to make corrections) 4 года назад


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NSA 101: The Notice of Right to Cancel form (how to make corrections)

In a perfect world, the loan documents we receive as Notary Signing Agents all have CORRECT dates reflecting the date the signing is taking place. But this is not a perfect world, and sometimes the documents we receive show the wrong date. This video takes a look at the NOTICE OF RIGHT TO CANCEL forms and the correct way to make changes to signing and rescission dates. Remember we must present THREE COPIES of the RTC per signer. They must sign all three copies. Two of those signed copies are retained by the signer and one signed copy is returned with the executed loan documents. If the signers are named separately on each form, you will have a total of six RTC forms. Each signer signs separately and retains two copies. If the signers are both named on the same RTC form, you will have a total of THREE RTC forms. Then they both sign all three copies, retain two signed copies, and you return one signed copy with the executed loan package. NNA has a rescission calendar that may be of assistance to you if you are not sure how to calculate rescission dates: https://www.nationalnotary.org/knowle... Their calendar is very straight forward, very easy for new signing agents to understand. And here is another type of rescission calendar: https://www.chicagotitleconnection.co... You can also just do a Google search for "Rescission Calendar 2021" and find another version if you don't like the two examples above. I hope this helps you. Cheers! ~Carmen More notary signing agent training available https://www.NSA101.com (C) Copyright NSA 101, Carmen Lane LLC all rights reserved

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