Vocabulary Cont'd

Question 1

Protest

Answer 1

a written statement by a notary public that a promissory note or bill of exchange was presented for acceptance or payment, but the payment was refused. This applies only to a notary public employed by a financial institution, during the course and scope of the notary’s employment with the financial institution.

Question 2

Principle or Party

Answer 2

A person that is involved or part of the document.

Question 3

Statute of limitations

Answer 3

A law that sets the “maximum time” after an event within which legal proceedings may be initiated (started) by.

Question 4

Venue

Answer 4

This is the county and state by which the notarization act took place for example, Sacramento County, CA.

Question 5

Will

Answer 5

A written legal statement pertaining to a person’s wishes after death.

Question 6

Satisfactory Evidence

Answer 6

The type of evidence that a notary uses to confirm the identity of a signer is called “Satisfactory Evidence”.

Question 7

Satisfactory Evidence

Answer 7

The type of evidence that a notary uses to confirm the identity of a signer is called “Satisfactory Evidence”.

Question 8

Scribing Witness

Answer 8

Should a person that signed a document not be able to appear before the notary, the signer may request another person to sign the document as a witness that the principle singer did sign or stated to them that they signed the original document, this person is called a “subscribing Witness”