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A notary bond is a specific type of surety bond that will allow a notary professional to authenticate the truth and veracity of particular events. Remember that these events associated with the notary bond are usually very pertinent to a business deal in many ways, and this documentation is quite vital. It is also essential to note that the notary is taking an acknowledgment of another party’s signature as long as that party does not get a direct financial interest in the transaction.
To avoid claims on a Notary Bond, notaries must stick to all notary regulations in their state. Best practices for preventing allegations include the following:
Since a notary spends a reasonable amount of time working with legal documents and sensitive information, this bond assurance offers an extra layer of protection due to the amount of authority they yield. If it’s discovered that the notary was misinformed or misrepresented, being the circumstances that are crucial to an event happening, the bond would step in and make a financial remedy for the truth that should have been realized initially.