Posted by PAW/FL on October 1, 2009, 10:30 am, in reply to "Question for expierienced Notaries" This post is strictly the opinion of the author
24.26.7.45
Florida recognizes "investment" property in two ways. One is for rental income, not occupied by the borrowers and the other is a "vacation" or 2nd home, where the property is classified as investment and owner occupied.
It really doesn't make a lot of difference to the state, but it sure makes a difference in which lender products may be available to the borrower.
E&O really doesn't 'expire'. So, if there is an error in the documentation, then it can be corrected, even after months or years have gone by.
I would suggest that the borrower contact their lender to get this issue corrected.
and may not reflect the opinion of the management nor of any other user of this forum.
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