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The video tutorial addresses how to make a name change on a contract, highlighting two scenarios: a name change of the original buyer and a change of buyers. If an individual is simply changing their name due to marriage or divorce, the title company can prepare a name affidavit to confirm they are the same person under a different name. It's important to notify the lender of any name changes, especially as it can impact loan underwriting. The ID used at closing must match the new name, so clients should update their state-issued ID or passport before closing. For complete buyer changes, additional procedures are required.