Notary Public
A notary public is an official authorized by the state to witness signatures on legal documents and verify the identity of signers. They serve as impartial witnesses to prevent fraud by confirming that parties signing documents are who they claim to be and are signing voluntarily.
Example
“The real estate closing was delayed because the notary public was running late to witness the deed signatures.”
Memory Tip
Think 'NOTE-ary' - they take official notes and verify signatures are authentic.
Why It Matters
Most real estate transactions require notarization of key documents like deeds, mortgage papers, and affidavits to make them legally valid and recordable. Without proper notarization, important real estate documents may be rejected by county recorders or deemed invalid in court.
Common Misconception
Many people think notaries verify the accuracy or legality of document contents, but they only verify identities and witness signatures.
In Practice
At a home closing, the notary will check each signer's photo ID and watch them sign the deed and mortgage documents. The notary then stamps and signs each document to certify the signatures are authentic.
Etymology
From Latin 'notarius' meaning 'shorthand writer' or 'secretary,' as these officials originally recorded important transactions in abbreviated script for Roman magistrates.
Common Misspellings
Compare today's mortgage rates
More in real estate
Other real estate terms you should know
Need financial definitions?
Clear definitions for 2,500+ finance, insurance, and investing terms.