Benefits Of A Outside Notary
by David Ross
January 22, 2020
Is there A benefit to An Outside Notary?
Yes, there is. Simply put, they have no skin in the game.
They don’t care one way or another if Client 1 and Client 2 are friends, enemies, or otherwise. They are simply at the venue to ensure that all parties involved are who they claim to be, everyone understands the general idea of what they are agreeing to (in writing), and no one feels pressured or intimidated to sign/initial the documents before them.
A lot of times, locations that ‘appear’ to prey on the misfortune of others (you all know the places that I will not mention here), have their own in-house notary. The salesman/saleswoman will rush a deal, then push the ‘client’ off to a manager/supervisor to finalize the deal. The only problem with this, the notary in this situation has a direct interest in the deal going through (if the notary is the financial manager/assistant) and therefore cannot be impartial to the transaction.
If someone else in the company, not directly involved in the deal is chosen to notarize the paperwork, then it is not a conflict of interest, but why take the chance? The main thing to remember is…will the notary be truly impartial in MY particular situation?
The duty of the notary is to ensure the fraudulent activity is not taking place, everyone is who they claim to be, and no one is signing under fear or intimidation or undue stress.
If down the road, someone thinks that there was some undue influence to sign a document, you can bet that the document in question will find its way into a courtroom, or at a minimum, a mediation/arbitration office, followed by exorbitant fees, and a lot of headaches, followed by more money (for Tylenol).
Let Appalachian Notary Services help keep your mind at ease and your wallet full for as long as possible!! Call or text us today for a free quote. We look forward to hearing from you.
Until next time, stay safe and enjoy life!
In a real estate transaction, there are A LOT of moving pieces! You have the borrower(s), real estate agent/realtor, a financial lender (bank/credit union) for most of America, the title company, and Notary Signing Agent. We are going to dive right in and explain the rights and responsibilities of each of these individuals.
The short answer is no, you are not legally required to have most business documents notarized. No matter what most online forums, message boards or search engines may tell you.
Let’s face it…everyone needs something notarized at some point during their lives. Anything from field trip permission forms, college documents, purchase of a vehicle, business transactions, etc. (You get the point by now).
