operations

Question 1

Charging fees

Answer 1

Technically, you don’t have to ask for a fee

Question 2

notary fees and travel fees

Answer 2

travel fees do not go in your journal
notary fees are limited to what the governement sets

Question 3

What form of payment?

Answer 3

Anything as long as a transaction occurs, you MUST provide a receipt when requested

Question 4

Fine for not giving a receipt when asked

Answer 4

you will be fined 3x the amount of the cost of the notarization

Question 5

receipts must

Answer 5

separate notary fees and travel fees

Question 6

acknowledgement and Jurat

Answer 6

$15 per signature

Question 7

power of attorney (certified copy)

Answer 7

$15

Question 8

certified copy of your journal

Answer 8

no charge

Question 9

copy of line item

Answer 9

30 cents

Question 10

oath or affirmation

Answer 10

$15

Question 11

immigration forms (if you are an immigration consultant with bond and oath)

Answer 11

$15

Question 12

depositions

Answer 12

$30 plus $7 for oath and $7 for certificate

Question 13

notarizing voting materials: ex circulators affidavit

Answer 13

no charge

Question 14

veteran’s benefit document: benefit, insurance or pension

Answer 14

no charge

travel fee and everything else can be charged

Question 15

loan signing documents

Answer 15

you get the flat fee from the lending company

Question 16

notary packet

Answer 16

certificate contains your:
name
commission number
start date

need to go to county clerk’s office and give a bond and do oath

Question 17

Surety bond

Answer 17

public liability protection
$15,000 insurance policy; purchase online
insurance for public

Question 18

obligee

Answer 18

public

Question 19

ca admitted surety company

Answer 19

where you have to purchase the surety bond that protects the obligee up to 15k in case the notary does something illegal

surety company will ask for reimbursement on the portion of $15k used

Question 20

errors and omissions insurance

Answer 20

not on test
offers protection for notary especially for loan signings

Question 21

What happens after you purchase your surety bond?

Answer 21

Go to county clerk’s office where 51% of your business happens
1. do oath
2. hand them notary packet
3. show bond proof of purchase

you may send all in mail but if you send via mail it’ll take forever and you only have 30 calendar days to file your oath and bond. therefore your commission will be void.

Question 22

is commencement date the first day?

Answer 22

no, the day after counts as the first day of the entire 30 calendar days

if 30th day lands on a weekend or holiday, you skip that day to the next day the county clerk’s office is open

Question 23

section 4 of notary public application

Answer 23

felonies, misdemeanor, espunged
no traffic tickets, no juvenile

ALL must be disclosed otherwised will be denied

right to appeal

Question 24

penalty of perjury clause in application

Answer 24

you might receive felony if
1. when you fill out false acknowledgement
2. when you forge notary public application