loan signing notary cards 2024 questions and answers

loan signing notary cards 2024 questions and answers What is a notary public? - Answer ️️ -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: - Answer ️️ -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? - Answer ️️ -The surety bond protects the public against any notarial act completed improperly, illegally, or negligently by the notary. What is Errors and Omissions Insurance? - Answer ️️ -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 - Answer ️️ -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 - Answer ️️ -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 - Answer ️️ -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. A notary public cannot provide a certificate of acknowledgment if the signer.... - Answer ️️ - 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. - Answer ️️ -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 - Answer ️️ -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 - Answer ️️ -"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 - Answer ️️ -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: - Answer ️️ -State of ____________