Group of answer choices.
a. Amend the documents and must ask for new documents to be created
b. Do not change the documents without first contacting the contracting company for approval
c. Rectify the documents
d. Have the signer make corrections on the documents
Answer:
b. Do not change the documents without first contacting the contracting company for approval
Explanation:
A contract is an agreement among two or more individuals (or groups) that creates a mutual legal obligation enforceable by law.
A lender is defined as a person or financial institution that provides money (accompanied by interest), such as loans, to a borrower, under an agreement outlining when repayment is expected.
In this instance, the signer points out that the address in the closing documents is incorrect. The lender’s delegate has verified the error regarding the address and gives the signer the go-ahead to amend it. Therefore, based on this validation, the agent cannot modify the documents without first obtaining permission from the contracting company.
Initially, the signing agent must inform both the contracting company and the lender’s representative about any requests the signer has to adjust or enhance anything within the closing documents. If a written authorization to alter the documents is granted, then the signing agent can proceed with the modifications.
