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Today's video podcast discusses how to make a name change on a contract. The process depends on whether it is just a change of name for the original buyer, such as in the case of marriage or divorce, or a complete change of the buyer. For a simple name change, a name affidavit can be prepared by the title company. It is important to inform the lender of any name changes, especially if it is due to a change in marital status. The ID used at closing must match the new name, so clients should update their state-issued ID or passport before closing.
