Documenting delivery of the CloD

Answered by:

Question:

If we meet the customer in person, we are using the date the customer signed the Closing Disclosure as our proof they received it earlier. Does this documentation work?

Answer:

This could work, but we also think you will somehow want your file to show that the disclosure was “Provided in person on ______”. Unfortunately, relying on the date the customer uses isn’t foolproof, when they often backdate things and sometimes just use the wrong date.

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Learn more about Jerod’s webinar Closing Disclosure: Completion and Revision .