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Showing posts with label jurat. Show all posts
Showing posts with label jurat. Show all posts

Wednesday, August 7, 2013

WHY DO WE NOTARIZE DOCUMENTS?


To notarize or not to notarize that is the question.

The purpose of notarization is to deter fraud.

A notary complies with a statuary method to determine the identity of the individual that signed a document and, as needed, administers oaths.  This greatly increases the reliability of the signature.

Although there may be other ways to prove that someone signed a document, a notarization is a clean, cost-effective method.  In many places notarization is required by statute for certain documents (deeds, mortgages, power of attorneys), but it is a good practice for any important document.  If the document is ever in dispute in a lawsuit the notarization provides a significant procedural advantage because it is “self-authenticating” meaning that the signer doesn’t have to take the stand and swear that he signed it before the court will accept it into evidence.  You can imagine how useful this is if the signer is dead or otherwise unavailable.

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