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The video tutorial discusses the process of making a name change on a contract, highlighting the importance of knowing whether it is a change of the original buyer or a change of buyers. In cases of a name change due to marriage or divorce, a name affidavit can be prepared by the title company. It is crucial to inform the lender of any name changes, as it may impact the underwriting of the loan. Additionally, the ID used at closing must match the new name. If the name change involves a change of buyers, further steps may be necessary.
