When to Hire a Notary for Real Estate Transactions

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Real estate transactions involve numerous legal documents that require proper execution and verification to ensure their authenticity and compliance with the law. One key professional involved in this process is the notary public. Notaries serve as impartial third parties who verify the identities of signers, witness signatures, and ensure that documents are signed correctly. But when exactly should you hire a notary for real estate transactions? Here are some important scenarios when hiring a notary is essential.

  1. When Closing on a Property

One of the most common instances when you’ll need to hire a notary for real estate closings in Lakeland FL is during the closing process. Whether you’re buying or selling a property, closing involves numerous documents that need to be signed by both the buyer and the seller. These documents include the deed of trust, promissory notes, closing disclosures, and other legal agreements. A notary is required to verify the identity of the signers and ensure that all documents are executed properly. By having a notary present at the closing, you can ensure that the transaction is legally valid and that everything is for the transfer of ownership.

  1. When Signing Mortgage Documents

Mortgage documents are complex and need to be executed with accuracy and legal compliance. If you’re securing a mortgage or refinancing your property, hiring a notary is crucial to ensure that the loan agreement is notarized correctly. The notary verifies your identity and witnesses your signature on important documents like the loan agreement, deed of trust, and mortgage note. Mortgage notaries are well-versed in real estate documents and understand the importance of each signature, which helps prevent delays in the approval or funding process.

  1. When Handling the Power of Attorney for Real Estate Transactions

In some cases, you may need to appoint someone to handle certain aspects of your real estate transaction on your behalf. This is where the power of attorney (POA) comes into play. A POA allows you to delegate authority to another person, such as a trusted friend, family member, or attorney, to sign documents on your behalf. When signing a POA related to real estate, the document must be notarized to verify that the signer is acting voluntarily and has the legal capacity to do so. A notary ensures that the POA is legally binding and that the authority being granted is recognized.

  1. When Dealing with Real Estate Affidavits

Affidavits are sworn statements made under oath and are often used in real estate transactions to provide additional information or clarify certain facts. Common examples include affidavits of title, which confirm that a property’s title is clear of lines or other encumbrances, or affidavits of identity, which verify the identity of the parties involved. These affidavits require notarization to confirm that the statement is truthful and legally binding. A notary public witnesses the signing of these documents and ensures that they are executed according to legal standards.

Hiring a notary for real estate closings in Lakeland FLis essential for ensuring that the process is legally sound, transparent, and secure. Whether you’re closing on a property, signing mortgage documents, handling the power of attorney, or dealing with other real estate paperwork, a notary plays an important role in verifying the authenticity of signatures and preventing fraud. By hiring a notary when needed, you can help ensure that your real estate transaction goes smoothly and is legally binding, protecting both you and other parties involved in the process.

 

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