Notary Public: The Short Answer
A notary public is an officer of the state who acts as an impartial and credible witness for signing essential documents. Depending upon the jurisdiction, the role of a notart public includes administering oaths as well as other official capacities. Generally, the notary public charges a small fee for their services. They perform their official duties by marking the documents with their signature and seal (a distinctive stamp.) The documents signed and witnessed by the notary public are said to be notarized.
Notary Public: Benefits
There are many benefits to a notary public. It provides an inexpensive method for individuals and companies to enter into agreements by certifying the identities of the parties and the authenticity of the document execution. The signing parties can conduct business freely with an assurance that the court will recognize these documents.
Document notarization requires the signing party to prove his or her identity; therefore, it protects against fraud. Although it is not conclusive proof of identity, it provides substantial evidence of the identity.
They also act as an intermediary for parties entering into a legal contract.
Role of a Notary Public
In the United States, the notary public performs the duties of a notary. The role of a notary public include witnessing the documents and administrating the oaths. In a few states, the notary public can also certify copies of official or legal documents. The most common documents that a notary public deals with are power of attorney and transfer of property. There are other documents as well that a notary public can officially witness, such as affidavits, formal protests, jurats, oaths, and acknowledgments.
Some states like Louisiana, Florida, authorize more duties to the notary public. For example, in Florida, South Carolina, and Maine, a notary public can also solemnize a marriage ceremony. Remember the notary public is an officer of the state.
Becoming a Notary Public
The minimum requirements for becoming a notary public are considerably easy to meet. The minimum age of the applicant must be 18 years. There is also a small fee for the application process in most states. Few states require that the candidate must clear an exam with satisfactory performance for becoming a notary officer. Some states make it mandatory for a notary public to hold a bond as assurance in case there is a lawsuit leveled against the notary.
How SAFEBOX eases the Notary Public workload
Preventing fraudulent signatures and keeping track of all the identity proof served is a crucial part of any notary public. As notary public may work with several clients in a day, keeping track as well as maintaining confidential/private data can become an overwhelming task.
With SAFEBOX, the notary public can save the original document and go worry-free!! They can manage all their records via SAFEBOX, instantly and also efficiently.
Trending Technologies 2020
A Beginner’s Guide to Smart Contracts
Smart contracts are small pieces of code written to execute the conditions set by the parties involved in the agreement. These contracts are more reliable, secure, and are much smarter than traditional contracts. They hold numerous advantages over conventional...
Things to consider when selecting a Notary Public
There are more than 4 million notary publics in the U.S that are appointed by the state. Therefore, it can be quite irritating while selecting a notary public for your needs. You always want to select the best person for the job, whether you need the services for real...
Is Blockchain Technology Making the World Better
Blockchain work on a decentralized peer to peer technology and can easily replace centralized systems. Blockchain technology can be beneficial in many sectors such as banks, health, music, real estate, supply chain, and trade. With the help of blockchain, many...
How Blockchain Technology Benefits eNotarization
A certified digital notary public performs various notarizing duties electronically, such as adding the signature and authorized stamp to the certified document digitally. A digital notary public manages, stores, and also distributes the digital certificate using...
Reverse Mortgage Training For Signing Agent
The popularity of reverse mortgages is increasing with every passing day. As a result, the signing agents must learn as much as they can about reverse mortgages and gain experience about closing them. The notary signing agents play a crucial role in reverse mortgages...
Our Latest Updates
5 Ways Blockchain technology is transforming the signing agent’s work
The blockchain's primary features have proved to be a great asset in improving the signing agent capabilities. With the help of blockchain technology, a signing agent can do most of the work remotely. Blockchain technology has transformed the signing agent's work in...
List of services for which a Notary Public can charge fees?
There are different kinds of policies and regulations for every state regarding the fees of the notaries and services a Notary Public can charge. Some of the common services that notaries can charge for are as follows: Copies Notaries, for fixed fees, can also certify...
Smart contracts: are they here to stay?
Smart contracts are based on blockchain technology; thus, we can say that they inherit all the properties of blockchain technology. There are many benefits of smart contracts. One key benefit of the smart contract is the absence of the middle man. The smart contract...