What is a Notary Public?
Updated: Mar 9, 2020
In short, a notary public is an officer of the state, appointed by the Secretary of State as a public servant to help prevent fraud.
Not only does a notary public verify if the execution of a document is being handled properly, they also verify the signers of the documents are who they say they are.
In addition, a notary public makes sure that the signers understand the intent of the document they are signing and make sure the signers are not being pressured to sign.
In essence, a notary public is someone who is a “third party” with no interest in the involved transaction. The notary public’s main goal during a transaction is to authenticate the signature of the signer and to prevent fraud.
Since a simple handshake is no longer enough in any business deal, a notary public is required to document relevant facts of the notarial act in a notary public journal.
How To Become a Notary Public
Each state has different procedures in becoming a notary public, however, there are general steps in becoming a notary.
Meet all of the State’s qualifications. (Be 18 years old or older, be a legal resident of the state you are trying to become a notary public in, and can not be a felon.)
Fill out and submit a state application.
Pay any filing fees.
If required by the state, complete training from an approved education vendor.
Some states may require a notary public to pass a state exam.
If required by the state, submit fingerprints and background check.
Receive your commission certificate from the state.
Provide a surety bond. (if applicable)
Take an oath of office before another notary public.
Purchase supplies: notary stamp and a notary journal.
Serve the community as a notary public. (Affidavits, Acknowledgements, Power of Attorney, etc)
Benefits of Becoming a Notary Public
As a notary public, you have the ability to earn as little or as much as you want.
Depending on how comfortable you are handling documents and dealing with people will definitely determine your results, but the benefits of being a notary public include:
No experience needed. (Minimal investment and no college degrees required)
Learn a valuable skill set. (Notarizing and understanding signed documents)
Create your own schedule. (Perfect for additional income and home-based business)
The opportunity to work with people from different professions.
Everyone needs documents notarized.
Notary Public Opportunity
Being a mobile notary public or even a home-based notary public business has its fair share of benefits as mentioned above, however, there is much more than just notarizing one-off documents for people.
Once you become a notary public, you have the ability to become a Notary Signing Agent (NSA) which will allow you to facilitate loan closing for the mortgage finance industry.
With each signing ranging between $75-$200 per signing, which usually lasts 45-60 minutes, you can make a comfortable side-income by adding this service to your notary public business.
Fun Fact: Mayen Business Services, LLC started out as a mobile notary public service in February 2015. Now, we offer bookkeeping, tax preparation, payroll, and title transfer services.
If you and your business need help in any of these areas, reach out to us via phone, email, or setup an appointment.