CRESPA Signing Agents
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| 804 240-3631 info@midatlanticnotaryservices.com |
CRESPA stands for Consumer Real Estate Settlement Protection Act
Who is required to be registered under CRESPA?
Any person, other than the lender, seller, purchaser or borrower, who conducts the
settlement conference and receives or handles money, must be registered.
See Virginia Code 6.1-2.20 and Chapter 395, Rules Governing Settlement Agents,
Regulation 14VAC5-395-10 through 14VAC5-395-90.
Does that mean Notary Signing Agents?
Yes. Licensing requirements apply to Notary Signing Agents who conduct signings
where funds are handled by the agent.
According to the Virginia Bureau of Insurance "handling funds" includes the passing of
a check for settlement costs from a borrower to a Notary Signing Agent, who couriers
the check and all signed documents to the title or escrow company conducting the
settlement.
Who is required to be registered under CRESPA?
Any person, other than the lender, seller, purchaser or borrower, who conducts the
settlement conference and receives or handles money, must be registered.
See Virginia Code 6.1-2.20 and Chapter 395, Rules Governing Settlement Agents,
Regulation 14VAC5-395-10 through 14VAC5-395-90.
Does that mean Notary Signing Agents?
Yes. Licensing requirements apply to Notary Signing Agents who conduct signings
where funds are handled by the agent.
According to the Virginia Bureau of Insurance "handling funds" includes the passing of
a check for settlement costs from a borrower to a Notary Signing Agent, who couriers
the check and all signed documents to the title or escrow company conducting the
settlement.
Learn the Nine (9) Steps To Becoming CRESPA Certified
Take A "Become A Notary Signing Agent" or "Understanding The Mortgage Loan
Signing" class or purchase our "Smart Tips-Resource Guide For Notary Signing
Agents - Virginia" for complete nine step information.
Take A "Become A Notary Signing Agent" or "Understanding The Mortgage Loan
Signing" class or purchase our "Smart Tips-Resource Guide For Notary Signing
Agents - Virginia" for complete nine step information.
Carol Butler of the The Butler Company has been in the real estate
business for over 30 years. She teaches a pre-licensing class for the
Virginia title insurance underwriter's exam. It is a one-day class that
prepares you for the Virginia State Exam.
Carol's pre-licensing class is recommended as Step 1 for Virginia
Notary Signing Agents who are seeking CRESPA registration.
Carol's class is available at a variety of locations and online. Please
visit her website for dates and locations.
business for over 30 years. She teaches a pre-licensing class for the
Virginia title insurance underwriter's exam. It is a one-day class that
prepares you for the Virginia State Exam.
Carol's pre-licensing class is recommended as Step 1 for Virginia
Notary Signing Agents who are seeking CRESPA registration.
Carol's class is available at a variety of locations and online. Please
visit her website for dates and locations.
Step 1 - Pre-licensing Class
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| CRESPA Certified Mortgage Loan Signing Agents |
Copyright 2005-2008 Mid Atlantic Mobile Notary Services, Inc.
Colonial Beach, VA 22443
Colonial Beach, VA 22443
We are not attorneys. We do not offer legal advice.