Sunday, December 12, 2010

The notary Act

Notaries is effective legislation in Illinois, June 1, 2009 and ending on June 30, 2013. This law was in Chicago and Cook County industry, to fraud in the mortgage. Appropriate action includes regulations for legalization in the transfer of the residential real estate. It is used to control fraud in this industry in Illinois. Real property contains the buildings in the County of Cook. It contains a record of all transactions up to four units.RequirementsThe apartment building law requires create Illinois notaries and maintain you, documents treat you. It should take a fingerprint of the seller. This law tightens grip on the documents accepted by the notaries of proof of identity verification. These requirements help keep County better control times transactions.ProcessEach notary a document for Realty real estate the legalized record is stored in the "Documents" folder and to the employer within 14 days. The employer retains the record for seven years. If the notary is no member of staff for the institutions, it offers registration documents facts 14 days for the registration of Cook County (Illinois).

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