Do you want to make money by helping others? If so, becoming a notary is a great option for you! Notaries are important members of the legal community who help to ensure that legal documents are processed fairly. In this guide, we will discuss everything you need to know about becoming a notary and starting your own business. We will cover topics such as education requirements, application processes, and fees. We will also provide tips on how to market your services and grow your business. So if you’re interested in learning more about this exciting career opportunity, keep reading!
Contents
- Notary Requirements
- Application Process
- Notary Fees
- Marketing Your Services
- Notary FAQs
- What is a notary public?
- What kinds of documents need notarized?
- How long does it take to become a notary?
- Do I need a degree to become a notary?
- How much does it cost to get started as a notary?
- Can I make money as a notary?
- Can a notary officiate weddings?
- What are some tips for marketing my notary business?
- How much does a surety bond cost?
- How often do I need to renew my notary license?
- Do I need liability insurance?
- Conclusion
Notary Requirements
The first step to becoming a notary is to meet the general requirements. In most states, you must be at least 18 years old and have a high school diploma or equivalent (a GED is acceptable). Let’s review the requirements:
- Be a legal resident of your state
- Be at least 18 years old (the age of majority in Nebraska and Alabama is 19)
- Have a high school diploma or equivalent
- Pass a background check
The National Notary Association has a wealth of information on how to become, renew and become a signing agent.
Application Process
After you have met the education requirements, you will need to apply for a license in your state. The application process varies from state to state but generally includes submitting an application and fee and passing a background check. You may also need to complete a training course approved by your state. Once you have completed your training, you may need to pass an exam in order to become licensed. Once you have been licensed, you will need to purchase supplies and bond yourself.
Notary Fees
Notary fees vary from state to state but the application fees themselves are generally around $15-$60. Some states require a training course and exam that will cost extra. Other states may require notaries to purchase a surety bond (click here for bond prices by state), which is an insurance policy that protects you from any damages that may occur while you are performing your duties. The final cost will be buying your notary stamp.
Marketing Your Services
Now that you are a licensed notary public, it’s time to start marketing your services! You can list your business in online directories, create a website or blog, or distribute flyers and business cards to local businesses. You can also offer mobile notary services by traveling to meet with clients at their homes or offices. By providing quality service and building a good reputation, you will be able to grow your business and make money.
Notary FAQs
Here are some frequently asked questions about notaries.
What is a notary public?
A notary public is an individual who has been appointed by the state to serve as an impartial witness to the signing of legal documents. Notaries can also administer oaths, take affidavits, and certify copies of documents.
What kinds of documents need notarized?
Common documents that need to be notarized include contracts, deeds, powers of attorney, and wills.
How long does it take to become a notary?
The process generally takes around two weeks. This includes completing a training course and passing the notary exam.
Do I need a degree to become a notary?
No, you do not need a degree to become a notary. However, you must have a high school diploma or equivalent and complete an approved notary training course if applicable in your state.
How much does it cost to get started as a notary?
The cost of getting started as a notary varies from state to state, but generally includes the cost of the notary license, notary bond, and notary supplies.
Can I make money as a notary?
Yes, you can make money as a notary by charging for your services. Fees vary from state to state but are typically around $60-$100. You can also offer mobile notary services for an additional fee.
Can a notary officiate weddings?
In Florida, Maine, and South Carolina, notaries can legally officiate weddings as long as the wedding license is issued in that state, and the wedding ceremony takes place in that same state.
What are some tips for marketing my notary business?
Some tips for marketing your new business include listing your business in online directories, creating a website or blog, distributing flyers and business cards in local businesses, and offering mobile notary services.
How much does a surety bond cost?
Surety bonds typically cost $50-$100.
How often do I need to renew my notary license?
Most states require notaries to renew their licenses every four years.
Do I need liability insurance?
While not required in all states, we recommend that notaries purchase liability insurance to protect themselves from any potential damages that may occur while they are performing their duties.
Conclusion
Becoming a notary will not only give you the ability to earn some extra income but also serve your community in an important way. Notarizing documents helps to ensure their validity and protects both parties involved from fraud or other legal issues. We hope this guide was helpful in explaining how to become a notary and make money.
