Notary Public Services
A Notary Public is a public official who can legally perform the duties and responsibilities of an agent. If a real estate transaction, purchase or sale is to take place it is necessary to have a notary to sign the papers. It is a legal requirement that every public officer and representative in a particular jurisdiction must be a notary public. Notary Public Services for Real Estate transactions is the same as other forms of public service which requires a notary to be of good moral character.
There are several reasons why a real estate transaction may need notary services. The most common is when a title to a property is being transferred or a mortgage loan is to be paid. The person signing the papers should have passed a background check and must also be over 18 years of age. Visit here for more information about Mobile notary public office Davenport
Notary public services for real estate transactions will be different from the requirements for other types of public services. For example, when a notary is performing this service he or she will be required to use a specific form and notarized signature. It is also required that the notary will complete a detailed application, which will include the name, address, date of birth, social security number and signature. The signature is usually placed on the front of the application along with the date of birth and then signed by the Notary public.
Notary public services for real estate transactions must also contain a contract of service that includes information about the notary and the transaction. The contract must include the notary’s commission rate, the length of time the notary will perform the service, the type of document that the notary will provide to the client and any other legal information that should be included. The contract will be filed with the county clerk where the notary is registered.
When a real estate transaction is to take place, a notary public is called upon by the client to obtain a sworn statement from the owner of the land or the seller stating that the property is free from liens, encumbrances and such. It is the duty of the notary public to then review the documents for accuracy and any corrections that might need to be made.
Notary Public Services is important because not only does it require the notary to be of good moral character, but the public officer is also accountable if the notary acts improperly. In addition to being required to adhere to the requirements of their State the notary public is responsible if the notary public fails to provide proper service to the client.