Never Let Your Documents Become Garbage, Have It Notarized!
Probably, any legal instances would require a written document for the set agreement of both parties. Moreover, every important element should be present on it which includes the statement of the agreement, date and time, witnesses, the complete names of persons involved, and needless to say, their affixed signatures. Nevertheless, even when the file has all the things pointed out, it would not be sufficiently powerful when it is not certified and notarized a notary public.
A notary public actually covers a lot of legal situations. This is can be useful in legalizing assertions, validation of agreements, and many more. To be enlightened with role and significance of notarization, we are going to use the house buying and selling activity as an example.
To begin with, purchasing a property requires a deal from the purchaser and the owner. The buyer and seller would specifically look at things such as the total value, cash buying or through a loan financing, who would take the part of taxes, and many others. When all are agreed, these will be put into writing called the contract to sell. This is actually a binding agreement wherein the seller agrees to offer the property only to a specific buyer and not to anyone else provided that the buyer fully follows what is written in the contract. This must be signed by the people involved and their witnesses. Now, the remaining element in this aspect of this deal would be the notarization. When the contract is not notarized, it becomes weak or even unrecognized. This indicates that if any group would not stick to the agreement, he or she may be freed from lawful implications. Needless to say, you can get a lawyer and try to prove this issue, but less likely that you will win the case.
The second part of buying a house is providing a deed of absolute sale. This would be the final deal saying that the house is without a doubt purchased and the owner of it is now the buyer regardless of certificate of title. Fundamentally, the seller cannot legally assert anymore that the house is his or her, after the notarization. On the other hand, when a deed of absolute sale is not notarized, this document can be considered as garbage and if the seller is planning a fraudulent scheme, then probably, he or she will succeed.
As said previously, purchasing and selling a house may simply be one form that necessitates a notary. There could be more and if you want to guarantee legality and safety of your agreements and other related stuff, be sure to find one. You may try notary services found online to assist you with this endeavor.