The upcoming year holds numerous new real estate brokers Queens positive developments within the real estate market. If you want to be part of the process, or want more information, contact the Brooklyn Real Estate School, and find out how to become certified in order to get started in this industry.
A Key Player in the Process: the Notary Public
No matter how you are involved in the real estate industry, you have inevitably needed the services of a notary public. While the work of a notary public may seem simple, it is integral to nearly every financial transaction that occurs in this business.Notary publics are state-commissioned public servants that act as witnesses during the signing of bank documents, and may provide a variety of other services as well. If want to add a new facet to your career, you may want to consider becoming certified as a notary public through the Express Real Estate school.
What Exactly Does a Notary Public Do?
In nearly every real estate transaction, the buyer of the property will need to acquire a loan through a third party in order to have the necessary funds for purchase. And though the specifics of the loan may only affect the lender and the borrower, the documents must be notarized by a state official (notary public) in order to be deemed legitimate.
A notary public is ultimately responsible for delivering the loan documents to the borrowing individual for signing. The notary must also verify the identities of each signatory, and place an official stamp, a “notarization” on the documents to declare their legal legitimacy. Because the loan signing process is a delicate procedure, one that can be tainted by even the slightest misunderstanding or hint of coercion, notary publics must be present to act as impartial witnesses, and to ensure that all parties present are signing the documents in accordance with the law.
The Brooklyn Real Estate School Offers Certification
If you have any interest in having this authority, you can gain it by taking a class through the Express Real Estate School, after which you will receive certification as a notary public.
If you aren’t sure about this field though, consider this:
Although notary publics are commissioned by the state, they are not employed by this entity, and solely work as independent contractors for real estate lenders, signing agencies, or even closing agents. Furthermore, unlike real estate agents, notary publics are not paid on a commission basis, and can instead charge fees on a per-signature basis.