Arizona Mortgage Loan Documents

In Arizona, notarizing mortgage documents follows specific state guidelines to ensure the authenticity and legality of the documents involved in the transaction. Here are the key points to understand:

Legal Requirements and Standards

- Authorized Identification: Acceptable forms include a valid driver's license, passport, or other government-issued ID with a photo, signature, and expiration date.

- Notary Commission: Notaries must be commissioned by the Arizona Secretary of State and be in good standing.

- Jurisdictional Compliance: The notary must comply with Arizona state laws regarding notarial acts.

Notary Public Role in Arizona

- Impartial Witness: Acts as an impartial third party to ensure the transaction's integrity.

- Record Keeping: Notaries must keep a journal of all notarizations, including the date, type of notarization, type of document, names of signers, identification used, and any fees charged.

- Preventing Fraud: By verifying identities and ensuring understanding, the notary helps prevent fraud.

Fees

- Standard Fees: Arizona law allows notaries to charge a maximum fee of $10 per notarial act.

- Additional Fees: Notaries can charge additional fees for travel or other services, provided these fees are agreed upon in advance. Please give us a call at 480-399-5158 for our travel fees!

Special Considerations

- Training and Education: Arizona requires notaries to complete a training course and pass an examination to receive their commission.

- Document Types: Arizona law specifies which types of documents require notarization and the exact procedures to be followed.

By following these guidelines, notaries in Arizona ensure that mortgage documents are executed properly, safeguarding the transaction's legality and protecting all parties involved.