NOTARY EXAM 2022/2023 WITH 100% CORRECT ANSWERS

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Question #1: Is there a difference between being appointed and being commissioned? YES. Being appointed confirms your qualification for the office of notary public, and being commissioned means that ... you are authorized to conduct notarial acts. Upon appointment and prior to becoming a commissioned notary public, you will need to take an oath of office, and record your oath, bond, commission, and official signature in the County where you maintain a business or work address, within: 45 days. What is the purpose of a notary public's surety bond? The surety bond is a financial guarantee to the Commonwealth and the notary's customers. If a customer suffers a financial loss due to a notary's failure to fulfill their duties and responsibilities, the state or the customer has the right to remedy the matter by seeking compensation from your bond. How many notarial acts is a Pennsylvania notary public authorized to perform? six It is a conflict of interest if a notary public performs notarial acts as: For the direct benefit of their spouse. As a Pennsylvania notary public, you may only perform notarial acts: Within the geographical borders of the Commonwealth of Pennsylvania. What would NOT constitute a conflict of interest? Being a shareholder in a publicly traded company that is a party to a notarized transaction. What would constitute a direct or pecuniary interest? Receiving monetary compensation other than a notary fee, that is contingent upon you notarizing a document. A notary public may establish the fee for the following service: Copying a notarized document. What form of identification would NOT be classified as satisfactory evidence? Student ID. When a notary public provides a customer with a receipt for notarial and related services such as making a copy of a notarized document, all of the fees should? Itemized separately on a receipt. [Show More]

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