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» Closing Documents - Opinion Letter

Posted on 6/17/2005

An Opinion Letter written by borrower's attorney is a critical component of you closing documents package. Once you have received closing documents form Avatar Financial Group, forward it to your attorney. Ask him to write a letter which addresses the validity and enforceability of the documents, as well as the authority of the entity and signers to complete the transaction. Forward the signed Opinion Letter to Avatar or have your attorney send a signed Opinion Letter to Avatar and a copy of that Letter to you for your records.

Posted in Miscellaneous