The features outlined here are currently available to MLS' that are partnered with our Docs+ platform.
There are times when a Corporation, such as an LLC, or a Trust needs to be listed on documents for signature when the signer may not be known. Below will show how the client can be entered as a corporation but then have the actual signer add their name at time of signature.
- To do this, start by creating the transaction:
- Select the type of transaction and which side of the transaction you representing and click 'Next Step'. Add the corporation as the 'Buyer' or 'Seller', depending on which side of the transaction they are on and click 'Continue'.
- Select the form(s) to add into the transaction and then proceed with entering information
- Once the form(s) have been filled in and you have signed them, send them to your client as you normally would via the 'Send' feature:
- When the corporation client receives the document(s) to be signed, they will be prompted to create their signature and initial stamp. The corporation name will automatically populate in the signature and initial boxes. This can be changed by clicking in the signature box itself and changing it to whatever it needs to be.
- In this Help Center article, steps 3 through 7 will show how you the agent would create your signature stamp for your account however the process is the same for a new recipient starting a signing session.
What if I have more than one signer under the LLC?
If you have multiple people using the same LLC name, you'll have to differ how you enter this into the people panel. For example, if the LLC was 'Xyz LLC' you would enter one individual as first name 'Xyz', last name 'LLC'. For the second signer, you could enter 'Xyz L' into the first name and then 'LC' into the second name.
The system will then register this as different names in the system, allowing you to send to both signers. Upon receiving the documents for signature, your signers can then update their names for signature accordingly.