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 Well Utah's done it again....
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1754 Posts

Posted - 12/30/2010 :  06:41:35 AM  Show Profile  Reply with Quote
Yes..I'd like to see citations too - the only things I can find are dated 2006 and restrictions posted on the NNA website with no basis cited.

Just out of curiosity.

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469 Posts

Posted - 12/30/2010 :  05:36:42 AM  Show Profile  Visit PWinFL's Homepage  Reply with Quote
Unless something recently has changed effecting the Utah Code Title 31A, a title producers or escrow license isn't required except in cases where funds must be picked up by the 'closer'. This is similar to how things are being done in Virgina and Maryland.

If the Utah Code, including the Notary Public Reform Act (Title 46), has changed, or is about to be changed, it could have serious impact on the Signing Agent business in Utah.

Never drive any faster than your guardian angel can fly.

I am not an attorney licensed to practice law in the State of Florida,
and I may not give legal advice or accept fees for legal advice.

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3106 Posts

Posted - 12/30/2010 :  01:06:14 AM  Show Profile  Visit jbelmont's Homepage  Reply with Quote
What a nightmare for Utah notaries and signing agents. Is there a statute that supports this?

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9 Posts

Posted - 12/29/2010 :  7:59:26 PM  Show Profile  Reply with Quote
mandated that unless a signing agent carries an escrow license they can no longer either PRINT docs NOR receive them via courier. All docs must go directly to the borrower. grrr

A few years ago I went the rounds with them on their new law that all signing agents must have a title producer's license. It only took them about 6 months to reverse their stand on that.

So, fair warning, Utahns....and yep, they'll be watching and enforcing this one too....for now.
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