Equity Purchase Agreement In CA And Notary

Hello, all.



I have a question re: the role of a notary.



During the signing period of an Equity Purchase agreement (sub2 deal), does a notary have to be present for the signatures? Will a notary know how to handle these types of agreements? In a normal sale, an escrow co. would be involved, but in a foreclosure scenario, I would assume time will be an issue to involve such a company.





Thanks



Thanks

Comments(2)

  • IBuyHousesInc16th January, 2006

    The notary is only required for the transfer of deed....And still will be done by the escrow company.

    And use an escrow/title company.. There are those that can accomplish a 2-3 day title search and escrow....

    Make sure that you adhere to all of the california equity purchase requirements....
    [addsig]

  • IBuyHousesInc16th January, 2006

    All of the escrow people I use are my friends... So the simple answer is yes friends are okay...

    I caution you to not use someone with the same last name as you.. And never use a relative or principle of the transactin...
    [addsig]

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