What is Real Estate Notary? What Kind of Services Do They Provide?
There are two sides to every sale – a buyer and a seller. A third is often added whenever necessary to mediate and perform the trade between the two parties. When it comes to real estate, your broker or realtor is the one mediating on both ends. All three parties involved in this case are fully aware of one important thing that they need to take care of – their documents. Here is where the real estate notary gets involved.
The number of official documents involved in brokering a deal for a house are countless. This means they all need to be verified, authenticated and notarized, which means the broker, the buyer or the seller (usually the real estate broker) has to stay in touch with a real estate notary signing agent at all times to complete the sale as soon as possible.
Who is a Real Estate Notary?
A signing agent is someone who has been properly authorized by the government or the court of law to ensure that each official document signed in the entire duration of the brokering process was true, accurate and completely legal. Some of the things that notary for real estate closings are always looking out every time they have to notarize a document include:
- Proper identification of all the parties present
- Proper signatures were obtained in all the places they were necessary
- The identity of the person matched with that of the person they were claiming to be
Why Do You Need a Real Estate Notary?
Now it may seem like a lot of effort to get each document separately notarized at every step along the way, but it is a necessity to make sure that the documents you are signing and agreeing to are both true and legally binding. This helps clarify a lot of the requirements of both homeowners and potential buyers and greatly reduces the chances of getting served at a later stage.
There has been a recent development that simplifies the lives of all three parties involved. The introduction to mobile real estate notary nw portland services has proven to be an effective and time-consuming measure to get the job done as quickly and effectively as possible.
You can take a look at this blog to find out The Importance Of The Notary In A Real Estate Transaction
What are the Types of Notary Real Estate Services?
Yes, it is possible for a realtor to become a notary real estate agent. Depending on the state the realtor is in, there are some regulations that need to be followed. Some of the most basic rules that are nearly universally applicable to get certified and become a notary public include:
- The realtor needs to be a permanent resident of the state they are planning on getting their license in.
- The realtor needs to pass his notary real estate examination.
- The realtor then needs to apply to the court for his license.
- The realtor needs to be at least 18 years old.
There are more guidelines and regulations that each aspiring real estate notary signing agent needs to meet and comply with to be able to get their certification to perform real estate notary services. These laws can be regional and area-specific because each state has its own sets of laws as well.
As you know, a real estate notary is necessary for signing documents throughout the buying, selling or leasing stages of the property. It could be for an apartment, a house, or even a store space. The official legal documents need to be notarized to legitimize them and make them acceptable in the eyes of the law.
Although a certified real estate notary signing agent should be able to perform the notarization for you, there are some states that bar notaries from performing real estate services and only allow lawyers and legal representatives to authenticate them. Another thing that you should keep in mind is that the notary needs to specifically mention the county and the state they are in for the document to be legally binding. Otherwise, the notarization would not be deemed effective or legally binding.
A real estate notary signing agent who doesn’t have a law degree is not a practicing attorney or lawyer. They are not allowed to give you any legal advice. Notary signing agents are required to specifically mention that they are not allowed to practice law or give advice.
Documents related to real-estate notary services
So what are the documents involved that the real estate notary is responsible for validating? Depending on the states they are licensed in, real estate notary services include a lot of the normal notary service requirements from their clients, such as:
- Power of attorney
- Affidavits
- Deeds
Some of the documents that are specific to the real estate industry and need a practicing and certified real estate notary or a loan signing agent to perform the notarization tasks are:
- Warranty deeds or transfer of title
- Closing documents
- Cash real estate deals
- Loan modification documents
- Refinancing loan documents
- Purchase loan documents
- Property tax loans
A real estate notary signing agent can help you go along your journey to become a homeowner, buyer or seller of property a lot smoother. Working with mobile real estate notary services and a broker or a realtor can ensure that you have the right services right by you at all times.
We provide the services at different locations click on the below mentioned link to get all the information in detail.
Real Estate Notary – Tigard, Oregon
Real Estate Notary – Hillsboro, Oregon
Real Estate Notary – Beaverton, Oregon
One Response