How to Start Your Own Notary Public Business
There are so many different insurance companies that provide applications and education to those who want to become notaries. One such company that has been the industry leader for more than 50 years is the National Notary Association (NNA). You can fill and complete the application online. The first step involves selecting the state wherein you wish to become a Notary.
Becoming a member of National Notary Association is one of the most important tasks that needs to be done when you take charge of your office and start conducting the notarial acts.
Application to become a notary
To become a notary public, applications are available online. An applicant may choose to have the application mailed. Anyone whose age is more than 18 years and is a permanent resident of the said state is allowed to start the process of becoming a public notary. Applicants who aren’t over the age of 18 can not apply. Some states, though not all, even require notary education and luckily the education for the notary public is also available online. You will need to pay a fee for the application. Additional fees are assessed for supplies needed to fulfil the duties of a Notary.
A notary is actually a public official who is appointed by the state for verifying legal documents signing, administering oaths and affirmations, taking acknowledgements, and maintaining proper records of their duties.
Becoming a notary or renewing your current notary license requires by the state that you are bonded. A notary bond is called a surety bond which is issued by an insurance company via an insurance agency. There are many insurance companies who employ a licensed insurance agent that is appointed to sell notary bonds by the insurance company that underwrites notary bonds. If a notary makes a any mistake in notarising a document, it is the insurance company that becomes liable for the mistake. So even though you have a bond, the insurance company can still come after you for reimbursement of claim.
Errors and omissions insurance
This insurance is a notary’s protection in the event a mistake is made on a notarisation and a claim is filed. Please note that an error and omission insurance is very different from a notary surety bond. The Errors and Omissions Insurance gives a notary protection against the compensation.
Criminal background check
A thorough and a careful check of background of the applicant is done while his or her application is being processed in order to look for any criminal record. An investigation is carried out by the state sectary office on applicants. The application of someone whose background doesn’t come clean during the investigation will be rejected straightaway.
Receiving your Commission
A notary applicant can not act as a notary public until the certificate of appointment has been received by him. A notary public’s license may be displayed as notification of a serving public official.