Resources > Glossary > Backdating

Glossary of Notary Public, Mortgage, Signing Agent, and Loan Signing Terms.

0-9  A  [B]  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z  
Common Terms 1   Common Terms 2

Backdating

Phonetics: back·dat·ing    \bak-dāt-ing\

Function: verb

Sometimes the 1003 Universal Residential Loan Application is backdated or the lender will leave instructions not to date it at all. Why? Because the borrower, most likely, has submitted a more user-friendly form to the borrower, of which contains the same information that the 1003 does. At a closing you are often pretending that you are signing the 1003 when the borrower filled out the user-friendly application several weeks prior to the signing. As a Notary, just don't backdate Notary documents. But don't worry, this one is not a Notary document, and you aren't backdating, the borrower is.

Backdating is illegal, and notaries should never allow a notarized document to have the date associated with the signature of the document show as being prior to the actual date when the document is signed.

Infinitive: to backdate

Present Tense: backdated

Past Tense: backdates

Present Continuous: backdating

Definition 1:
To put a date prior to the date of the signing of the particular document on a that document.