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Exam (elaborations)

Notary Signing Agent 2018(updated) Reloaded question with correct answers rated A+

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Notary Signing Agent 2018(updated) Reloaded question with correct answers rated A+ When would the Right of Rescission period end if refinance documents for a borrower's primary residence were signed on Thursday, October 25th at 8pm? - correct answer Monday October 29th at midnight Which document(s) specify the interest rate being charged for a loan? - correct answer Note Which of the following questions can a notary signing agent answer without supplying unauthorized or illegal assistance? - correct answer Where are my interest rate and monthly payment amount listed? During a signing, a borrower asks you why the appraisal fee is $595. The notary should: - correct answer Suggest that the borrower call his/her contact at the Lender or Title Company. When notarizing a document for a signer, which of the following can qualify as satisfactory evidence of identity? - correct answer A valid driver's license. A signer comes to you needing a document notarized, but does not know what kind of notarization is required. The document itself does not state this either. As a notary, how should you proceed? - correct answer Inform the signer that they will need to let you know what type of notarization is needed before you can complete it for them. How should you proceed if you are completing an Acknowledgment for a document, but there is no room for a notarial section to be completed? - correct answer Complete a separate Acknowledgment certificate and attach this loose leaf certificate to the document. A document requiring a notary's Acknowledgment is signed prior to being presented to the notary public. In this case, the notary public should: - correct answer Ask the signer to Acknowledge that he or she executed the document, check acceptable identification, and then notarize the signature.

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