Actually most of the banking and real estate folks are getting out of the notary business as the risk of liability and "rubber stamping" which took place has left a bad task in most executives mouths.
However, we have confirmed Notaries Public may act as Deposition Officers, Mortgage Signing Agents, and finalize ceremonies from a Last Will and Testament to the re-naming of ships (yes there is an actual ceremony on record to Neptune God of the Sea - i almost fell out also).
With the proper certification, I have tacked on Civil Process Server and Marriage Officiant to the list of acts which can be performed in our little business model. You can see most everything on the website at www.notaryasneeded.com As such I formed my LLC
and have started training notaries in the Dallas/Fort Worth area as the test area. We will be aligning territories to the JoP precincts within Dallas, Collin, and Denton counties. Advertising
, marketing, and websites are being built as I am writing this very email.
However, as with most things, I don't know what I don't know. I have an attorney with the Bank of America who works for me in New York, however it would probably be inappropriate to recruit him for this particular project.
Basically it comes down to reliable facts which align with the law. The internet is not enough and I have been unable to locate a notarial law professor on my own. I have spoken with several different attorney who all have different "opinions", but nothing concrete to determine if our little band of notaries could be shut down at the whim of the Secretary of State. I just signed a contract
with Service Link and have made agreements with DocuVerify to implement the electronic notarization into the mix.
I would just feel more comfortable with someone local whom I could retain to ensure we are not messing with things which could get some of the notary folks in trouble, they have families and one lady resigned from the bank after 13 years to operate her dba
business full time.
However, perhaps I am over reacting, in which case I am prepared to take that counsel as well. :)