State Notary

Notary publics serve a crucial function in communities across the country. These public officials administer oaths and serve as impartial witnesses who ensure documents are legally signed and executed.

Notaries are required for certain types of documents, such as affidavits, deeds and power of attorney paperwork.

The term limits of a notary public vary by state. Many are renewable four-year terms. Eligibility requirements to become a notary public also vary from state to state. But in most cases, there are a few general requirements that most jurisdictions employ. Traditionally, notary public applicants must:

Those submitting an application will also be responsible for application and filing fees, which can range from about $20 to $50.

Successful applicants will also be responsible for obtaining a Notary Public surety bond and filing a duplicate copy with their home Secretary of State office.

Notary Bonds

Purchasing a notary public surety bond is mandatory in all states. These bonds protect the public and the state in the event a notary fails to follow pertinent rules and regulations.

Notaries must purchase a bond and file it with the state. If a consumer files a valid claim against the bond (say, for example, a notary failed to verify the identity of a party entering into a contract), then the state is protected against any financial harm.

Bond amounts vary by state but are typically $5,000 to $10,000. Notaries will have to pay a small bond premium. They should also have the bond written to cover the length of their term.

Insurance companies and surety firms offer competitive rates on notary bonds.