Becoming a notary and sustaining a notary business comes with costs. The obvious initial costs will include:. There are additional business costs that might not be so obvious at first glance. Training to become a better notary should also be a part of your ongoing budget.
Many notaries often feel underprepared by the basic required courses, so consider enhancing your knowledge by joining online communities for notaries, joining the National Notary Association , going to conferences for notaries, and attending advanced courses and seminars.
While the cons may seem intimidating at first, they are fairly easy to navigate. The pros of being a notary greatly outweigh the cons. Here are a few:. To qualify as a commissioned notary, most states simply require that you are:. As we mentioned previously, the initial costs are pretty low.
As a notary, you have the option to create and run your own business. Notaries can set their own hours and work within an area of their liking. You can work as much or as little as you like, and the opportunity to make extra cash could pop up at any moment.
Advertising your mobile notary services on your car means you might even get a call from a potential client while sitting in a traffic jam. With the adoption of remote online notarization, notaries can offer their services anytime and anywhere without leaving their office or home.
Lots of businesses benefit from having a commissioned notary on their payroll. Law firms, public and private schools, car dealerships, insurance companies, healthcare facilities, and real estate companies utilize notary services on a regular basis. Featuring your status as a notary on your resume will push you ahead of other candidates. It never hurts to ask. Before you approach your supervisor, be sure to do your research on the costs and benefits of sponsoring you.
Even though there are millions of notaries in the United States, the need for the various services provided by these professionals keeps them in high demand. In some states, there are no maximum notary fees set by law, so local competition sets the typical price.
These types of notarizations can be quick and simple. How to Build a Real Estate Business. Advantages and Disadvantages of Fixed Rate Mortgage. Top Searches on. Read about home loans , insurance , mortgages , dealing with real estate agents and many more.
Buying and selling property is a big decision so let our Real Estate Guide help you with those big questions. By: The Intern. Real Estate. How to Protect yourself When Purchasing a Home.
Tips on Preparing to Buy an Unfinished Home. Find yourself in the Enchanting Locations of Madrid. Montelongo Living the Armando Way. Considerations When Buying an Etobicoke Condo. Add Glitz to your Holiday Staging. Condos - the Kids Just Love Them. Sec 17 of the Indian Registration Act, mandates the documents to be registered regarding transfer, sale, lease of a property.
Two witnesses and payment of the appropriate registration fees are required to be paid. Registration of a sale agreement is also backed by several various acts such as the Indian Contract Act, Specific Relief Act and various apartments act enforced by many states.
Even U. P Apartment Act, also mandates all sale agreements to be necessarily registered in U. So it is a wise step to get a sale agreement registered. It will also discourage the growth of land mafias and musclemen who dominate the real estate scene in various parts of the country.
It has been held by so many High courts and the Supreme court that a sale agreement if not registered will not be recognized in a court of law. In the case of Vijay Kumar vs Devesh Behri Saxena in , the Allahabad high court held that for immovable property the contract of sale in UP has to be registered, an unregistered agreement of sale for an immovable property will not be considered as evidence.
On discussing throughout the article what is an act of notarization and what is registration and why is it important to execute a sale deed we can say that a notarization is a mere formality that should be followed while executing a lease agreement. Hence, notarization cannot be a substitute of registering an agreement. Both notarization and registration has importance in executing an agreement.
The article is very informative. All are clarified. I have read your blog really very impressive about notarizing documents and graceful posting. Thanks for sharing valuable information. Keep writing. Save my name, email, and website in this browser for the next time I comment. Check your mailbox for the joining link. From Bhawna Agarwal: [email protected].
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