Loan signing notary cards questions and answers 100% guaranteed success.

Loan signing notary cards questions and answers 100% guaranteed success. What is a notary public? - correct 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: - correct 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? - correct 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? - correct 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 - correct 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 - correct er 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 - correct 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 - correct 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: - correct 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 - correct 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 - correct 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 - correct 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: - correct 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. NOTARY PUBLIC SIGNATURE NOTARY PUBLIC SEAL What is a power of attorney? - correct answers.Power of attorney is a special type of permission granted by one person to another to act on his/her behalf in various matters. Power of attorney may be granted in matters relating to real estate, health, and medical decisions, claims and litigations, and various other transactions. Power of attorney sample form: - correct answers.State of _____________ County of _______________ I ____________________, Notary Public, certify that on __________, I examined the original power of attorney and the copy of the power of attorney. I further certify that the copy is a true and correct copy of the original power of attorney. NOTARY PUBLIC SIGNATURE NOTARY PUBLIC SEAL Notaries must identify the signer before proceeding with the acknowledgment or jurat. what are the following methods of proving identity? - correct answers.Personal knowledge Identification (ID) Credible witness or witnesses Personal knowledge means - correct notary public must personally know the signer. "Personally know" refers to the reasonable degree of certainty that the notary knows the person as being the person he/she claims to be. "Personally knows," however, does not mean that the person should be related to the notary official or a close friend. It means only that the notary official must be able to establish the identity of the signer or the witness. A notary who has any doubt about the signer must ask him/her for ID for verification. Notaries that do not know the signer personally may establish the identity of a client by using paper documents. Most states recognize the following types of identification as valid if it is current or issued within the last five years: - correct answers.State driver license or ID card U.S. passport U.S. military identification card (current military identification cards may not have all of the required elements) Foreign passport stamped by the Immigration and Naturalization Service (INS), which is now known as the U.S. Citizenship and Immigration Services All identification cards must contain - correct answers.a photo, a physical description, a signature, and a serial number. Can a international driver's license be accepted as proof of identification. - correct answers.No A notary must verify that the name on the signer's ID is identical to the name on the document before it can be notarized. - correct answers.Example: If the document states "John Smith Jr.," then the ID also must read "John Smith Jr." If, however, the document states, for example, "John C. Smith" but the ID reads "John Smith," then that document cannot be notarized because the identification document contains less information than does the signature. If, for example, the document states "John Smith" and the ID reads "John C. Smith," then that document can be notarized because the identification document contains more information than does the signature. Note: The identification document may contain more information than the signature, but never less.