Hartzman Tax & Fiduciary: Dear Skip; A notary shall not perform a notarial act if any of the following apply:

2/16/14

Dear Skip; A notary shall not perform a notarial act if any of the following apply:

...(5) The notary is a signer of, party to, or beneficiary of the record, that is to be notarized.

However, a disqualification under this subdivision shall not apply to a notary who is named in a record solely as (i) the trustee in a deed of trust, (ii) the drafter of the record, (iii) the person to whom a registered document should be mailed or sent after recording, or (iv) the attorney for a party to the record, so long as the notary is not also a party to the record individually or in some other representative or fiduciary capacity...

(6) The notary will receive directly from a transaction connected with the notarial act any commission, fee, advantage, right, title, interest, cash, property, or other consideration exceeding in value the fees specified in G.S. 10B-31...

http://www.ncga.state.nc.us/EnactedLegislation/Statutes/PDF/ByChapter/Chapter_10B.pdf

1 comment:

Billy Jones said...: And remember: $750,000 makes the crime a felony.; 2/16/14, 8:18 PM

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