NOTARY EXAM QUESTIONS AND ANSWERS GRADED A+
What is the relationship between the notary and signer? ANS
>> to authenticate the signer's identity
You ______ need to be a US citizen.
You_______ need to be a CA resident. ANS >> You DO NOT
need to be a US citizen.
You DO need to be a CA resident.
Fine: No ID & Perjury ANS >> $10Gs
$10,000
,NOTARY EXAM
Fine: fail to notify about name and address change ANS >>
$500
Fine: for overcharging ANS >> $750
Fine: AWI-- advertising, wilful, immigration ANS >> $1,500
Fine: thumbs and guns ANS >> $25 hands
$2,500
cancelled check = ANS >> cancelled commission
Fine: Negligence, Overcharging, No Oath ANS >> “No No 7-5-0"
$750
What is the primary function of a notary? ANS >> to verify a
signer's identity
The LIMITED FUND that the surety pays as a PUBLIC LIABILITY
PROTECTION (also known as the bond) is in the amount of ANS
>> $15,000
,NOTARY EXAM
The PUBLIC LIABILITY PROTECTION is purchased from a: ANS
>> California Admitted Surety Insurer
Whom does the bond protect? ANS >> The public
Who would be liable in a civil action? ANS >> The Notary AND
the Surety (but the Notary must reimburse the Surety)
What is a surety? ANS >> A person, such as a cosigner on a
note, who agrees to be primarily responsible for the debt of
another.
When you resign your commission, who MUST you notify? ANS
>> The Secretary of State
When your commission comes to an end, what must you do
with your journals? ANS >> Surrender them.
--To whom? -- County Clerk
--Within how many days? -- 30 calendar days
, NOTARY EXAM
To whom do you surrender your journals to when your
commission comes to an end? ANS >> County Clerk
How many days do you have to surrender your journals to the
county clerk when your commission comes to an end? ANS >>
within 30 calendar days
If you are renewing in a good standing, what must you do with
your journals? ANS >> Keep them (you can use the same
journal in your next commission)
You received your commission in the mail on 1-5-20. Your
commission commencement date is 1-1-20. When must your
oath and bond be filed? ANS >> January 31, 2020
May you notarize a signature on a document if you are named
as a...
a. Vendee:
b. Mortgagor:
c. Principal to the transaction: ANS >> a. No
b. No
c. No