Many documents require a person to witness the signature of one or more parties. In most cases, there are no special qualifications required to act as a witness other than to be 18 years of age or olderm or a party to the loan.
Queensland and the Northern Territory: Brokers cannot witness. The witness must be one of a special class of authorised witnesses.
New South Wales: The witness must have known the mortgagor for 12 months or have taken reasonable steps to identify the mortgagor. Usually mortgagees will send out a witness certificate of identification.
South Australia....... The witness must know the mortgagor personally or have satisfied himself/herself as to the identity of the mortgagor.
Taken from Mortgage & Finance Brief April/May 2013
Queensland and the Northern Territory: Brokers cannot witness. The witness must be one of a special class of authorised witnesses.
New South Wales: The witness must have known the mortgagor for 12 months or have taken reasonable steps to identify the mortgagor. Usually mortgagees will send out a witness certificate of identification.
South Australia....... The witness must know the mortgagor personally or have satisfied himself/herself as to the identity of the mortgagor.
Taken from Mortgage & Finance Brief April/May 2013
RSS Feed
