15.01.2019| Majas| 2 Comments

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Post dating loan documents

In many states, you must also record the dated dates of the documents in your notary journal. Lack of a prosecution does not mean a lack of legal consequences. From an escrow and lenders perspective, however a document signed prior to its dated date is unacceptable and can cause costly delays and even the loss of the entire loan. Legally speaking, this is something that you should not do — or more accurately, there will only ever rarely be occasions when this is appropriate to do. But even if a person is not charged with a crime, the fact that a crime can be demonstrated to have occurred may still impact the rights of the parties. Legally speaking of course what they should do is put a provision in the contract which states that the terms of this contract shall also govern prior transactions which the parties shall henceforth treat as being regulated by those terms. However in practice, for both good reasons and bad, backdating of documents does occur. However, such doctrines are normally limited to situations where one party backdates the contract without the knowledge or consent of the other. What do you do? If you notice the dates are for a later date, contact the signing service or escrow company that contracted your services. Post dating loan documents

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Post dating loan documents



Post dating loan documents



Post dating loan documents



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2 thoughts on “Post dating loan documents”

  1. Yozshukree says:

    In such cases it would be perfectly proper for the parties to re-execute an identical document to replace the missing one. A commonly used example is where the parties had originally signed a document, but the original had been lost or destroyed before it could be stamped or filed.

  2. Moogura says:

    What if the documents are post dated? In many states, you must also record the dated dates of the documents in your notary journal. Legally speaking, this is something that you should not do — or more accurately, there will only ever rarely be occasions when this is appropriate to do.

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