WHY BECOME A NOTARY
For the majority, the idea of earning additional income, or working from home makes the prospect of becoming a Notary very appealing. Beside the fact that the start-up investment for your Notary Training and commission can easily be re-couped in just 1-2 signing agent appointments, makes the idea of becoming a Notary Public a smart business choice and may prove to be a very lucrative decision.
If your employer is requiring you to become a Notary, even better! You can notarize after hours and keep what you earn.
A Notary Public is not issued a notary license but is issued a Notary Public Commission. The Notary commission is issued by the California Secretary of State. The commission is valid for “4” years. Re-applying and retesting every “4” years is required for sustaining your Notary business.
The client base for Notary work, includes but is not limited to:
Realtors, Title Companies, Insurance Brokers, Lenders, Law Offices, Health-Care and private individuals. Notaries may be employed at a business office, while others chose to work from a home based office and provide mobile notary services along with Signing Agent Services.
Mobile notaries are booked to travel to a clients location at a convenient time, either delivering documents requiring notarization, or simply notarizing documents provided by the client. A Notary Public is only allowed to charge a fee for each notarization (per signature).
Example: Husband and Wife need two documents notarized – $15 per signature multiplied by four = $60.00.
However, the notary would then charge mobile fees for that service which usually rage between $100-$250 depending on the assignment. Training in the Loan Signing Industry is vital for a Mobile Notary Business.
Mobile notary service is a great asset for the public. Many mobile notaries are available on holidays, evenings, and weekends, making getting documents notarized easy and convenient.
WHAT DOES NOTARIZATION MEAN?
What does notarization on a document really mean?
When you see the seal and signature of a Notary Public on a document it indicates it has been notarized. Common documents requiring notarization may be Loan Documents used for the purchase or refinancing of a home, a power of attorney, or a consent for a minor to travel abroad, as well as execution of other transactions.
The primary duties of a commissioned Notary is to verify the identity and signature of the person requesting notarization. Institutions rely on Notaries to help prevent fraud and to insure the person that was supposed to sign the document actually did.
Depending on the notarization requested – Acknowledgement or Jurat. A Notary may witness a person signing a document or accept the acknowledgment of a signature on a document already pre-signed. (For Acknowledgment the document may be pre-signed, for a Jurat the document must be signed in your presence). A Notary may also certify documents.
When a document has been notarized it means the Notary Public –
- Verified the identity of the person signing the document.
- Verified the signature of the person signing the document.
California Notary State regulations allow a Notary Public to use only approved forms of identification to verify and compare signatures match Identification and the document. The type of identification that was used must be entered in a notarial journal.
Notarial journal entries may be subpoenaed by the Secretary of State at any time, so ensuring you are only using the allowed identification will prove crucial should you receive a subpoena.
Notarization does not make a document legal, truthful or protects a persons artistic creations. It simply means that the person that was supposed to sign did.