How to Buy Notary Bonds
A notary public has legal power to certify or attest to the validity or legitimacy of documents. Because of this, she must purchase a bond that will cover any expenses that may occur if court action is brought against a notary public for any document that he or she has signed.
Things You'll Need
- Proof of identity
- Proof of age
- Proof of U. S. Citizenship
- Current, approved Notary Public License
Instructions
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How to Buy Notary Bonds
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1
Determine where notary surety bonds can be purchased in your state.
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2
Decide where you will purchase the bonds from. Insurance companies or attorneys can sell bonds as well.
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3
Complete the application for your surety bond.
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4
Return it to the bonding agency, along with any applicable fees.
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5
Once you have obtained your receipt from the bonding agency, or received your official bond, present it to the appropriate government agency in order to receive your Notary Public License.
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Tips & Warnings
Don’t hesitate to ask other people who already have Notary Public status, and whose judgment you trust, which bonding agency carries their bond. They will probably be happy to recommend a bonding agency.
Make sure the bonding agency you use is reputable. This is probably NOT the time to use an on-line or “mail order” agency.
Although some bonding agencies may require you to pay for both a bond and a fee to process the bond, the amount should not be exorbitant. Usually, the bond itself is 10% to 15% of the amount for which you will be bonded. In other words, a $50,000 bond should only cost you about $50, and the processing fee should not be that much. If it sounds like you are paying too much, you probably are.