loan signing notary cards Review Questions with complete Solutions Graded A+
What is a notary public? - Answers A notary public is an official appointed by the county or state after his/her documents and examination results indicate his/her suitability for the job.
A notary public has power to: -...
What is a notary public? - Answers A notary public is an official appointed by the county or state after
his/her documents and examination results indicate his/her suitability for the job.
A notary public has power to: - Answers Administer an oath and affirmations and take depositions and
affidavits;
Certify copies of power of attorney;
Issue protest bills in cases of non-payment or non-acceptance of foreign and inland bills of exchange;
Issue acknowledgements in the cases of health-care directives, powers of attorney, mortgages, deeds,
grants, transfers, and other such instruments signed by any individual who can establish his/her identity.
Wha is a Surety Bond? - Answers The surety bond protects the public against any notarial act completed
improperly, illegally, or negligently by the notary.
It is important to note that the notary bond is not an insurance policy for the notary. It is designed only
to provide a limited fund for paying out in claims against him. The notary remains personally liable to
the full extent of the damage sustained and may be required to reimburse the bonding company for
sums paid by the company because of misconduct or negligence of the notary public.
The notary bond protects the public against a notary's misconduct or negligence; however, it does not
protect the notary. The bond provides coverage for damages to anyone who suffers financially due to a
blunder on the part of a notary - whether intentional or not.
The guaranteeing company will seek compensation from the notary for any damages it has to pay out on
the notary's behalf.
What is Errors and Omissions Insurance? - Answers Notaries are liable for any improperly-executed
notarial act. Errors and omissions insurance is not a legal requirement, but it is a good idea to have it in
order to protect the notary.
In the acknowledgment, the notary public certifies that - Answers The signer personally appeared before
the notary public on the date and in the county indicated
The signer has been identified by the notary through either personal knowledge or satisfactory evidence
The signer's acknowledgment executes the document
,The notary completing an acknowledgment should know - Answers whether the signer will sign in
his/her presence or if the signer will arrive with a document already signed. In the latter case, the notary
must ask the signer to acknowledge that he/she signed the document.
The notary also must check whether the document has blank spaces or is incomplete, because it is illegal
to notarize documents that are blank or incomplete.
How should a notary Verify Identity - Answers It is the job of the notary to verify the identity of the
signer; his/her identity could be verified by personal knowledge or satisfactory evidence. Either way, the
notary must write on the journal how he/she has identified the signer.
What are the Notary Acknowledgment Responsibilities - Answers A notary public cannot provide a
certificate of acknowledgment if the signer does not personally appear in front of him/her, even if the
signer is known by the notary public.
A notary is responsible for filling out the certificate of acknowledgment at the time he/she signs it and
affixes the seal.
Each time the notary places his/her seal and signature onto a document, he/she also must affix the
appropriate notarial wording.
If a notary acknowledges a document, knowing that the statements are false, he/she is responsible for
the liability of civil penalties and administrative actions. In some cases, the action is a criminal offense.
Acknowledgment sample form: - Answers State of ____________________ County of
__________________
On _________________________ before me, (here insert name and title of the officer),
Personally appeared _________________________________________
________________________________________________________________personally known to me
(or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are
subscribed to the within instrument and acknowledged to me that he/she/they executed the same in
his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the
person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
, WITNESS my hand and official seal.
NOTARY PUBLIC SIGNATURE NOTARY PUBLIC SEAL
In the jurat, the notary public certifies - Answers That the signer personally appeared before the notary
public on the date indicated and in the county indicated
That the signer signed the document in the presence of the notary public
That the notary public administered the oath or affirmation
The identity of the signer
What is an acceptable oath for a Jurat - Answers "Do you swear or affirm that the statements in this
document are true?"
If the notary notarizes a jurat that includes the signer's date of birth, age, and a purported photograph
or finger/thumbprint of the person so swearing or subscribing, the notary must verify - Answers the date
of birth or age by requesting that the signer provide a certified copy of either the person's birth
certificate, driver's license or identification card issued by the Department of Motor Vehicles.
Jurat sample form: - Answers State of _________________
County of ________________
Subscribed and sworn to (or affirmed) before me on this _____ day of _______, 20__, by
_______________________, personally known to me or proved to me on the basis of satisfactory
evidence to be the person(s) who appeared before me.
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