We have entered into a forbearance agreement and a change of terms in a promissory note (two separate documents) for our mortgage, are they required by law in the State of Oregon to be notarized?
No. Only if the forbearance agreement is recorded in the county deed records need it be notarized in order to be recorded. Normally forbearance agreements are neither notarized nor recorded. Likewise an allonge to a promissory note or a change in its terms need not be notarized to be valid. The reason to notarize a document typically is either to make it recordable in the deed records or to avoid disputes about the validity of the signatures of the parties to the agreement.
Years licensed, work experience, educationLegal community recognition
Peer endorsements, associations, awardsLegal thought leadership
Publications, speaking engagementsDiscipline