Tuesday, March 25, 2014

When I go to settlement, what will I need to bring?


Under the Patriot Act, it is required that you bring a government issued photo ID – usually a driver’s license.  You will also need to bring the funds the settlement attorney’s office has told you that you need to bring.  The funds must be wired to the settlement attorney’s office in advance of closing, or you may bring a cashier’s check from a local bank.  If anyone is signing by a power of attorney, the original will also be required.  That document will be kept by the settlement attorney in order to be recorded in the record books at the courthouse.  It will be returned to you after it has been recorded. 

The answers given above have been prepared by the law firm of Jones & Walker, P.C. of Virginia Beach as general guidelines to common questions.  These answers do not constitute specific legal advice.  For a fuller explanation of many aspects of real estate sales and purchases, visit Jones & Walker’s website: www.jonesandwalker.com

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