12-Dec-2022
Supplies a Notary and Notary Signing Agent Need
Supplies a Notary and Notary Signing Agent Need
Notaries and notary signing agents play an important role in helping to prevent fraud and ensuring the validity of documents. As a result, they are required to have certain notary supplies in order to properly perform their duties. The most essential supplies for a notary and notary signing agent include a notary stamp, notary journal, jurats, notary handbook, and notary errors and omissions insurance.
The notary stamp is the most important of these supplies. It is used to authenticate a document and verify that a notary has witnessed the signing of the document. It is also a requirement for a notary or notary signing agent to have their own stamp. The notary stamp must include the notary‘s name, commission number, and the state in which they are commissioned. It’s a good idea to keep a back-up one as well. Personally I keep a “Slim Pocket Stamp” on me at all times.
The notary journal or notary record book is another important supply for a notary and notary signing agent. This journal is used to record all of the notary‘s activities and must include the date of the transaction, the type of document notarized, the name of the signer, the signer‘s address, the signer‘s driver‘s license number, the type of identification used, and the fee charged. The notary journal is also important in providing evidence in case of a dispute or legal action. Some states, like CA require a thumbprint or fingerprint. a 50-state compliant notary journal can be purchased for about $7 or less. The National Notary Association likes to charge more for these but this is completely unnecessary.
Loose Jurats are also an important supply for a notary or notary signing agent
A notary handbook specific to your locale is also an important supply for a notary or notary signing agent. This handbook contains information about the notary‘s duties, responsibilities, and the laws governing notaries. It is important to have a notary handbook on hand in order to ensure that a notary is performing their duties in accordance with the law.
Notary errors and omissions insurance is an important supply for a notary or notary signing agent. This insurance is used to protect the notary and their clients in the event of a mistake or oversight. This is rather inexpensive if you shop around and avoid purchasing through sites like the NNA. This also, shouldn’t be confused with state-required bonding or notary bond. They are different. It is important for a notary to be properly insured in order to ensure that any claims made against them are covered. In conclusion, a notary and notary signing agent need certain supplies in order to properly perform their duties.
These supplies include a notary stamp, notary journal, jurats, notary handbook, and notary errors and omissions insurance. It is important to have these supplies in order to ensure that a notary is performing their duties in accordance with the law and to protect the notary and their clients in the event of a mistake or oversight. All in all the operation overhead to start & run a successful notary business is rather low, while the mark up for services can be lucrative. If you learn to market your notary services or master highly effective signing agent marketing methods you can earn 6-figurees working part-time!
If you would like to take your notary business to the next level, we offer a 6-figure notary online training course as well as notary coaching.
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