The National Notary Association defines Notarisation as an official fraud-deterrent process. It assures that both parties signed an authentic document. Furthermore, Notarisation also verifies the identity of the parties involved in the transaction.
Given this definition, the primary function of Notarisation is to verify the authenticity of the document and the signatures affixed. Without a stamp of Notarisation, the veracity and legality of the document, as well as the transaction is questionable. It is why most institutions of today, whether it is a government agency or a business firm, rely heavily on notaries.
How does it Work?
A licensed notary public is the only one authorized to administer the Notarisation of documents. The signing of the documents is performed in the presence of a notary public. Hence, the notary serves as a witness of signing.
Additionally, a notary public won’t perform the Notarisation if the person or parties involved fails to present proof of identifications such as government-issued IDs. The notary public will verify the identity of the signer based on the proof presented. Also, they won’t notarise a document with multiple signatories like a school diploma, for example. Only the school that issued the diploma can ratify its authenticity.
Examples of documents a notary public can notarise are the following:
- Deeds, Will, and Trusts
- Estate Planning
- Financial Agreements
How Much Does It Cost?
The cost of Notarisation depends on the location, the number of documents, and the time of the notary. Hence, the price could vary depending on the amount of work the notary public will perform.
Also, Notarisation fees vary between a traditional notary and mobile notary public. The former is when you visit the notary public personally at the office. You probably will have to book an appointment. The latter works similarly to a traditional notary public, but they can travel to your desired location and time. Likewise, mobile notaries are available 24/7 and respond quickly to clients. All you have to do is look up their official website and book an appointment.
The fees of mobile notaries are higher compared to a traditional notary. It is justifiable since the notary will have to travel to your location. The standard fee of a mobile notary during normal business hours is $50. The price could go up if you need rush Notarisation.
Take note that the travel fees of the notary public depend on the traffic condition. For example, if you need a notary during peak traffic or after hours, the travel fee will increase by $10 to $500. Also, extra charges might apply for additional services.
Mobile notaries are more expensive. However, there are notary firms that offer discounts to clients. One example of them is Rachel Mintz Mobile Notary Public LA. The standard notarised signature fee of the office is $15, but every 6th signature is free.
Notarizing documents is necessary. It reduces the risk of fraud and illegal transactions; even though it can get expensive, think about the drawbacks if you decide to jump into a transaction without such protection.
Do you want to find out more about Notarisation?
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