NOTARY EXAM PA Questions and Answers Latest Update

Question #1: Is there a difference between being appointed and being commissioned? - ANSWER-YES. Being appointed confirms your qualification for the office of notary public, and being commissioned means that you are authorized to conduct notarial acts. Upon appointment and prior to becoming a commissioned notary public, you will need to take an oath of office, and record your oath, bond, commission, and official signature in the County where you maintain a business or work address, within: - ANSWER-45 days. What is the purpose of a notary public's surety bond? - ANSWER-The surety bond is a financial guarantee to the Commonwealth and the notary's customers. If a customer suffers a financial loss due to a notary's failure to fulfill their duties and responsibilities, the state or the customer has the right to remedy the matter by seeking compensation from your bond. How many notarial acts is a Pennsylvania notary public authorized to perform? - ANSWER-six It is a conflict of interest if a notary public performs notarial acts as: - ANSWER-For the direct benefit of their spouse. As a Pennsylvania notary public, you may only perform notarial acts: - ANSWER-Within the geographical borders of the Commonwealth of Pennsylvania. What would NOT constitute a conflict of interest? - ANSWER-Being a shareholder in a publicly traded company that is a party to a notarized transaction. What would constitute a direct or pecuniary interest? - ANSWER-Receiving monetary compensation other than a notary fee, that is contingent upon you notarizing a document. A notary public may establish the fee for the following service: - ANSWER-Copying a notarized document. What form of identification would NOT be classified as satisfactory evidence? - ANSWER-Student ID. When a notary public provides a customer with a receipt for notarial and related services such as making a copy of a notarized document, all of the fees should? - ANSWER-Itemized separately on a receipt. In addition to verifying an individual's identity, what else should you determine about an individual before performing a notarial act? - ANSWER-If the individual has the competency and capacity to execute a record