What to do when payers are used outside of the state? - ANSWER An authentication is usaually required, merely a declaration by the clerk of common pleas court that a notary is properly commissioned under law at the time
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What to do when payers are used outside of the state? - ANSWER An authentication is usaually required, merely a declaration by the clerk of common pleas court that a notary is properly commissioned under law at the time of notarizing the instrument.
What to do if name is changed? - ANSWER If by marriage or by other choice a notary may change his or her name, he may use the new name, but must indicate the name in which the commission was issued in parenthesis after it.
How should John T. Doe sign his name? - ANSWER John T. Doe
If married with new name to John Doe, how should Mary Roe write her name. - ANSWER Mary Doe (Roe).
Protest - ANSWER A protest is a solemn declaration under the hand and seal of a notary public stating that he at a certain time, presented the bill or note for payment or acceptance, that it was refused and that its purpose is merely to furnish formal evidence of the dishonorof a bill or note by showing that all the necessary requisites have been complied with to hold the drawers and indorsers liable on the instrument.
Protest steps - ANSWER 1. The holder, or authorizedby him, presents the instrument for acceptancef payment and is refused.
2. He gives the unstrument to the notary, who again formally makes ddemand for its payment or acceptance.
3. If payement or acceptance is again refused, the notary gives notice of the dishonor to the drawer and indorser immediatley.
4. Ans fills out the formal certificate of protest (a form which may be at any legal stationers)and attaches bill or note to it.
Maker - ANSWER The signer of the note
Payee - ANSWER The person whom it is payable
Indorser - ANSWER If john black assigns his interest in the note he signs the back.
Indorsee - ANSWER The person to whom he assigns it.
Dishonored - ANSWER Under ohio law when the holder of a bill of exchange or note presents it properly to the maker, drawer, or acceptor on the dayit falls due, and payment is refused, the instrument is said to be...
Drawer - ANSWER The person maiing the draftr checks
Drawee - ANSWER The one upon whom it is drawn
Acceptor - ANSWER The case of a check, the bank , who if they accept it .
Promissory note - ANSWER A note that is negotiable is an unconditional promise in writingby the maker that he will pay, on demand, or on a specific date a sum of money to the bearer, or order.
Deeds, mortgages and power of attorney - ANSWER A deed or mortgage of real estate is required by law to be acknowledge before a notary public, who certifies the acknowledgement on the same sheet on whic the instrument is written. The same provisionapplies to leases for a term of more than three years
Fact about acknowledgements - ANSWER A notary cannot take the acknowledgement to an instrument in which he himself has an interest, for instance, if he is a party to a deed.
Can a notary take acknowledgment of an insttument if out of state? - ANSWER False, a notary can not notarize an instrument when he is out of physical boundries of state of ohio. He may not witness the signiture and take acknowledgement in anotger state, theb make ceryificate in uis own state. All 3 acts must be taken place within his jurisdiction.
Can a notarty take the acknowlegement of wife or realtive if hes apart of the tranaction? - ANSWER No, a notaryy may take the acknowledgement of a realtice , even wife or husbanf if he himself has no interest in the transaction.
Can a notary be a witness - ANSWER Yes, a notary may avt as a witness and nitarize the same instrument.
Can a person sign thier name as an X - ANSWER Yes, a notary may take the acknowledgement of a person who can not sign his name. Such person signs the instrument by marking an X in the presence of two witnesss, one of. Ehich may be the notary.
What should be done to blmk space on the instrument that needs to be signed - ANSWER Filled in or a line going through
Affidavit - ANSWER A written statement of facts, the truth of which is sworn to be before a person unauthorized to administer oaths, and followed by an official statement of person taking the oath that affidavit was signed and sworn to, or affirmed in uis presence.
To administer oaths - ANSWER An oath is a declaration by a person before an officer authorized by law, such as a notary public, to take an oath that what he has said or is about to say is true or a promise that he will faithfully perform certain acts.
Fees and commissions - ANSWER Each person receiving a commision as a notary public , except a vitizen and a citxen of this state admitted to practice law by the ohio supreme court shall pay $15.
Removal from office fir certifying affidavit without administering oath - ANSWER No notary public shall certify to the affidavit of a person with out administering the oath of affirmationto such person, a notarty public who violates this section shall be removed from office by court of common pleas of the county in which e conviction was had.
Removal for excessive fees - ANSWER If a notary public overly charges for services rendered the he or she will be removed from office and can not reapply for a notary public.
Forfeiture - ANSWER A person appointed notary public who performs any act as such after expiration of his term of office, knowing that his term has expired, shall forfeit not more than five hundred dollars, to be recoverd by an action in the name of the state. Which the person will be inelligible for reappoinment.
Notary public actinf after commision expires - ANSWER No notary public shall do or perform any act as a notary public knowing that his term of office has expired.
Fees of notary public - ANSWER For certifying acknowledgements of deeds, mortgages, liens, power of attorney, and other instruments of writing. $2.00
For taking and certifying affidavit $1.50
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