What is a Nevada Notary Bond?
A Nevada Notary Bond is fail-safe security against a notary officer who will employ false and misleading announcements and collects a fee that is beyond what is authorized by Nevada regulations.
It is also an assurance that the officer responsible for performing notarization will not commit notarial errors such as not placing his/her notary seal, notarizing a document that uses a language and characters/alphabets that he/she cannot understand, and performing Jurats with blank spaces on the document.
This bond is also to protect the public from a notary officer who carries out notarization even when he/she is a party to the document he/she is notarizing thereby making him/her impartial to the instrument for notarization.
Why do you need the Nevada Notary Bond?
You need a Nevada Notary Bond because you care for your reputation and your vocation. With this bond, clients will have confidence in hiring your services thereby making you an attractive professional to work with. The bond can boost your professional integrity and will allow you to be recognized as a subject expert in your area of proficiency.
More details about the Nevada Notary Bond
Before getting bonded, a notary officer must not forget to use a seal and a journal. The most important pre-bonding information would be for a notary applicant to know that the notary bond payment is distinct from the Secretary of State filing charges.
To avoid having claims against this bond, a notary officer shall not 1) influence a person to enter into or inhibit one’s self from a legitimate business deal involving a notarial act carried out by the notary officer; 2) endorse an instrument containing false facts/statements; 3) alter the journal that he/she as a notary officer is required to keep; and 4)endorse or promote any product, service.
This bond can only be obtained by an individual 1) who has been appointed as a notary; and 2) who has filed/submitted an oath of office to the office of the Secretary of State.
This bond can only take effect if the amount is an approved amount by the Secretary of State. This must be executed by a licensed surety company and will be enforceable within a span of 4 years.
What is the cost of a Nevada Notary Bond?
A Nevada Notary Bond must be for $5,000. Premium payments will be determined by the applicant’s credit score and financial history. Likewise, the profile of the applicant including his/her reputation as a member of the community will be a strong factor in the decision of how much the premium will be for this bond.
How is a Nevada Notary Bond obtained?
Obtaining a bond is an easy process. Just choose the services of a genuine surety professional and give them a call! With Surety Bond Authority, you will have the answers you need and the solution to whatever concerns you have in protecting your business.