Many people today do not know what exactly a notary does, but buying real estate is impossible without a notary.
The duties of a notary include the notarization of legal transactions and the certification of signatures, voluntary auctions, and the supervision of securities and objects. A notary is obliged to ensure that the parties involved are not neglected. He must also be impartial in all cases.
A notary deals with all legal transactions, including marriage contracts, real estate purchase agreements, and inheritance contracts, for example. From this, it can be concluded that notaries work with various types of buyers, whether private or commercial clients.
If a notary fails to fulfill their duties, they are personally liable for their mistakes. They have certain rules that they must adhere to:
- Passing two state law exams
- taking out professional liability insurance
- act impartially
- rejection of a notarization without reason is not permitted
- statutory age limit of 70
If you sign something at a notary's office, it is either a notarial certification or a notarial deed, but what is the difference between the two?
Certification is simply confirmation of the authenticity of your signature and, if necessary, verification of your identity. The notary watches you sign the document and then notes that he has certified it. In notarization, the notary has the task of checking the documents and reading them aloud to the persons present. He is obliged to inform those present of their rights and obligations.
