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crtowles

California
553 Posts
Posted - 12/07/2006 :  09:36:30 AM  Show Profile  Reply with Quote
You never count the day that you are signing. You start with the next business day. If there is a holiday or a Sunday on the next day you skip over it to start the count with the next business day. You can also get youself a free rescission callander which helps alot. I work so much, I never can keep up with some of those holidays. See link below.

http://www.notaryclasses.com/rescission%202007.pdf

Good Luck!

Carmen
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LindaH

Florida
1754 Posts
Posted - 11/26/2006 :  10:18:54 PM  Show Profile  Reply with Quote
So it's treated just as if you signed on a normal business day.

Linda
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dfye@mcttelecom.com

New Hampshire
681 Posts
Posted - 11/26/2006 :  10:05:06 PM  Show Profile  Visit dfye@mcttelecom.com's Homepage  Reply with Quote
The next business day. So if you sign on a Friday and Saturday is a holiday you would start your recission period on Monday.

If you signed on a Thursday which was Thanksgiving you would start your recission period on Friday. In essence the dates are:

November 23, 2006 (Thanksgiving) Date of signing
November 27, 2006 (cancel by midnight)


November 24 (Friday), November 25 (Saturday), November 27 (Monday)

Legal Eagle Para Professional Services
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LindaH

Florida
1754 Posts
Posted - 11/26/2006 :  04:26:24 AM  Show Profile  Reply with Quote
I read a post elsewhere that someone was doing a signing on Thursday (Thanksgiving Day)

Since the holiday doesn't count toward the rescission period my question is: If you do a signing ON a legal holiday - a refi with 3-day RTC - when does the rescission period begin to toll? On the holiday or the next day (in essence giving the borrower(s) one extra day to think about it).

Linda
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