Notary

AAA

DEFINITION of 'Notary'

Also called a "notary public," this state-appointed official witnesses important document signings and verifies the identities of the signers to help deter fraud and identity theft. A notarized document will contain the seal and signature of the notary who witnessed the signing and will have more legal weight than a document that is not notarized. Document signings where consumers are likely to need the services of a notary include real estate deeds, affidavits, wills, trusts and powers of attorney.

INVESTOPEDIA EXPLAINS 'Notary'

Becoming a notary can make a person a more attractive job candidate for certain positions and/or provide a valuable source of side income. The required training is fairly minimal and inexpensive; requirements vary by state, but may involve taking a course and/or exam.

RELATED TERMS
  1. Mortgage

    A debt instrument, secured by the collateral of specified real ...
  2. Identity Fraud Reimbursement Program

    A financial product that offers reimbursment for the costs associated ...
  3. Will

    A legally enforceable declaration of how a person wishes his ...
  4. Deed

    A legal document that grants the bearer a right or privilege, ...
  5. Power Of Attorney

    A legal document giving one person (called an "agent" or "attorney-in-fact") ...
  6. Trust

    A fiduciary relationship in which one party, known as a trustor, ...
Related Articles
  1. Insurance

    10 Hurdles To Closing On A New Home

  2. Home & Auto

    Top Tips For First-Time Home Buyers

  3. Options & Futures

    Understanding The Escrow Process

  4. A new Supreme Court ruling has some financial advisors rushing to set up trusts to help protect inherited IRAs. Is that necessary?
    Investing Basics

    How Advisors Can Protect Inherited IRAs

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
Trading Center