Property trades and purchases are common in our economy but are relatively uncommon for the regular person. The ordinary person will only need to make significant real estate acquisitions a few times over their lifetime, unless they are actively involved in buying and selling property as a profession.

Property trades, in contrast to ordinary lower rate exchanges, are typically worth hundreds of thousands of dollars and, depending on location and demand, even millions. A seller might desire the assurance that their transaction will be secure due to the high cost.

The role of the Notary Public

An authorized government representative is a notary public. They are permitted to act on behalf of the government in verifying documents, certifying identities, and approving documents to be legally valid. They are appointed by the state.

In a real estate transaction, the Real Estate Notary Public makes sure that the sale is legitimate, that both parties are aware of their obligations under the terms of the deal, and that, should either party fail to fulfil its obligations, it will be subject to remand or other legal repercussions. By guaranteeing the prior owner of the deed receives their bargained and mutually upon amount, this helps to prevent fraud.

Because there are risks involved, notaries inevitably add complexity to real estate transactions. They are included as an extra measure to try to stop shady real estate deals. The notary's seal serves as the official endorsement of the government. A Notary Public's signature and stamp on paperwork make it impossible to contest them because their job is to secure transactions.