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Common Terms - 2

Notarize

To get a document notarized you need to appear before a notary public. To get an acknowledged signature or jurat notarized, you will need proper identification such as a government issued identification like a...

Notarized

The past perfect of the completed process of notarizing a signature on a document. To get a document notarized you need to appear before a notary public. Please use 123notary.com as your source for locating a mobile notary...

Notarizing

The act of notarizing or performing a notary act. The act of completing the notary paperwork to notarize a signature. The signer must appear before the notary public before any notarizing can legally occur.

Oath

A solemn pledge or promise containing reference to a Supreme Being. A person who intentionally makes false statements under oath is punishable for perjury. A notary public may administer oaths as a notary...

Occupancy Affidavit

The Occupancy Affidavit is for the borrower to swear that they will be living in the property they are borrowing for rather than leasing the property to a third party. It is common for individuals who are investing in a...

Power of Attorney

A legal instrument authorizing one to act as another's agent or attorney. The person who authorizes another to be their agent is the grantor, while the person receiving authorization is the attorney in fact...

Reverse Mortgage

A type of mortgage typically used by equity-rich seniors, where the lender makes regular tax-free monthly payments to the borrower either for life, or until the borrower sells the property. To qualify for a reverse...

Rider

Riders (or addenda) are special attachments (separate sheets) that become part of the contract in certain situations. There could be multi-state riders, prepayment riders, adjustable rate riders, convertible...

Seal

In the case of the signer, the seal is their signature. In the case of the notary, the seal is their stamp, but legally could still mean their signature. A Notary seal is the the notary's official stamp or embosser. Most...

Secretary of State

Most states' notary divisions are run by the Secretary of State. However, this is not always the case. Some states have their notary division run by their...

Signing Service

A company who subcontracts signing appointments to individual Notaries who engage in Loan Document Signings for signing of loan documents and notarization. The sole purpose of this type of company is to act...

Wills

Notaries in most states should not notarize a will unless given specific instructions by an attorney and/or given notarial wording included in the document which could constitute an instruction to notarize in some states.

Witness

A person who watches an action take place. In the notary profession there can be witnesses who watch someone sign a document. There can be credible witnesses who identify a signer.

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