Everyone knows how important Notary Signing Agents are. There is no denying the fact that Notary Signing Agent Services in Michigan plays a crucial role in ensuring the authenticity and legality of various transactions.Â
However, like every other thing out there, in this area as well, there are several misconceptions that surround this essential service. These are the misconceptions that most people tend to have regarding this specific service.
What are these misconceptions? Well, in this article, let’s debunk some of the common myths and shed light on the realities of Notary Signing Agents (NSAs) and the services they provide. So without wasting any more time, let’s jump right into it!
1. Notary Signing Agents and Notaries Public are the Same:
One prevalent misconception is equating Notary Signing Agents with traditional Notaries Public. While both play roles in the notarization process, NSAs undergo specialized training to handle loan documents, distinguishing them from general Notaries Public who may not have the same expertise in real estate or financial transactions.
2. Notary Signing is Only for Real Estate Transactions:
Another common myth is that Notary Signing Services are exclusively for real estate deals. While NSAs do play a vital role in real estate transactions, their services extend to various other fields, including legal documents, financial agreements, and more. Their expertise encompasses a broader spectrum of notarization needs.
3. Any Notary Public Can be a Notary Signing Agent:
Contrary to popular belief, not every Notary Public automatically becomes a Notary Signing Agent. NSAs undergo additional training and certification to specialize in handling loan documents. This distinction ensures they are well-equipped to navigate the intricacies of various agreements beyond the scope of a typical Notary Public.
4. Notary Signing Services are Only for Paper Documents:
In the digital age, some assume that Notary Signing Services are limited to traditional paper documents. However, NSAs have adapted to technological advancements, offering services for electronic notarizations and remote online notarizations (RON). This flexibility accommodates the evolving needs of clients in an increasingly digital landscape.
5. Notary Signing Agents Provide Legal Advice:
It’s crucial to understand that Notary Signing Agents are not legal professionals and, therefore, cannot provide legal advice. Their role is to witness signatures, verify identities, and ensure the proper execution of documents. Seeking legal advice should be directed to an attorney, as NSAs focus on the notarial process itself.
6. Notary Signing Agents Only Verify Signer Identities:
While identity verification is a fundamental aspect of their role, NSAs do much more than just confirm identities. They meticulously review documents for accuracy, guide signers through the process, and ensure that all necessary signatures and notarial acts are executed correctly. Their responsibilities encompass a comprehensive approach to document authentication.
7. All Notary Signing Agents Charge the Same Fees:
Notary Signing Agent fees can vary based on factors such as location, type of document, and additional services required. Assuming that all NSAs charge identical fees can lead to misconceptions. It’s essential to discuss fees upfront and understand the factors that may influence the overall cost of Notary Signing Services.
8. Notary Signing Agents Only Work Regular Business Hours:
Flexibility is a key attribute of many NSAs. While some may adhere to standard business hours, others offer services during evenings or weekends, catering to the diverse schedules of clients. Assuming that NSAs are strictly confined to traditional business hours can limit access to their valuable services.
9. Notary Signing Services Are Redundant with Digital Signatures:
The rise of digital signatures has led to the misconception that Notary Signing Services are becoming redundant. On the contrary, NSAs adapt to technological advancements by facilitating electronic notarizations, ensuring the same level of security and legality in the digital realm.
10. Notary Signing Agents Are All the Same:
Each Notary Signing Agent brings a unique set of skills and experiences to their role. Assuming that all NSAs are identical overlooks the diversity within this profession. Clients benefit from understanding the specific expertise and approach of the NSA they choose for their particular notarization needs.
Bottom Line
To end this blog post, we will just want to say that dispelling common misconceptions about Notary Signing Services is very important. Doing so will allow us to understand the true scope and value of this wonderful profession.
No doubt, Notary Signing Agents play a dynamic role. They help in ensuring the authenticity and legality of a wide range of transactions. Understanding the misconceptions associated with them can help us understand them in the best manner possible.
