How Notaries are used in Real Estate Transactions

In the world of real estate, there are many legal documents and processes that need to be handled correctly in order to ensure a successful transaction. One important element of real estate transactions is the use of notaries.

But what exactly is a notary and how are they used in real estate transactions? Let's take a closer look.

A notary is a public officer who is authorized by law to witness the signing of important documents and administer oaths. In the context of real estate transactions, notaries are often used to verify the identity of the signer and ensure that all documents are properly notarized. This helps to prevent fraud and errors, protecting both the buyer and the seller.

There are two types of notaries commonly used in real estate transactions: in-house notaries and mobile notaries. In-house notaries are typically employed by banks, title companies, or other organizations and are available to handle notarization needs during regular business hours. Mobile notaries, on the other hand, are independent contractors who are available to come to your location at a time that is convenient for you.

Notaries are typically used in a variety of real estate transactions, including loan signings, property transfers, and the preparation of legal documents. They may also be involved in the signing of deeds, mortgages, and other legal documents.

In short, notaries are an essential part of the real estate transaction process. They provide important services such as verifying the identity of the signer and ensuring that all documents are properly notarized, protecting both the buyer and the seller. Whether you choose to use an in-house notary or a mobile notary, having a notary on your team can help to ensure the success of your real estate transactions.