The latest in notary, Apostille, and business news from New York, NY.
You should not notarize an incomplete document because of the risk of potential fraud. For example, if a document selling a vehicle to someone else for an agreed amount was signed and notarized with the selling price left blank, a dishonest person could fill in a different amount later and claim that was the agreed sum of money.
Read MoreIn this video from NNA 2019, attorney and Notary Mike Phillips discusses 3 court cases where a Notary committed a serious error, examines where the Notary went wrong and shows how other Notaries can avoid similar mistakes and their consequences:
Read MoreA "Proof of Life" document or "Life Certificate" is a form used by foreign governments and institutions to qualify pensioners and other beneficiaries living abroad for financial benefits. These forms often include instructions that the document must be presented to a Notary, and sometimes ask the Notary to certify that the person named in the document is currently living.
Read MoreIn recent decades, the nondisclosure agreement (NDA) has become ubiquitous in the workplace. Nondisclosure agreements are used for a variety of purposes including employment agreements, sales, procurement and other functions, ensuring businesses protect their intellectual property and trade secrets from competitors. Over time, these documents have grown in popularity as a way to ensure the wheels of commerce stay greased.
Read MoreNotaries can be sued at any time — even when notarizations are performed correctly. It's crucial you follow these 4 steps to reduce any liability and damages should a complaint ever be filed against you. Contact your bond or E&O insurance carrier. Don’t wait. Immediately contact your insurance carrier if you have an E&O policy. They will handle the case. Many policies require an insured to notify the carrier of a cliam or lawsuit wihtin a certain number of days in order for the claim to be covered.
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