Home Business Idea – Notary Public

Notary Public – Important Work with Quick Training

I am always on the lookout for home business ideas that are fairly quick to train for, but which can be run as actual full or part time businesses. I just got a call from a friend who is a full time para-legal, but who runs a commercial notary public business in the evenings, one week-ends, and on alternate Fridays which his flex hours give him off. Now, I understand that is is common for para-legals, and other types of legal assistants, to act as notaries. But I was still interessted enough to do a little more research.

How Much Do Notaries Make?

You may have taken advantage of free notary services at your bank or place of business. Some companies keep a notary on their staff, and they provide free services to their customers or employees. This is because fees are regulated at a state level. Individual fees are fairly low. But commercial transaction fees are higher, like $100, so some notaries make a business as a signing notary. Some are mobile notaries, and they will travel to different offices, like title companies, to put their seal on contract.  Even though fees are strictly regulated, it may be possible to also charge for travel expenses.

Here is an example of a Houston Mobile Notary website.

Notary Public Training and Certification

Notary Training requirements may vary by state, but even in states where it is not requires, most associations recommend it. We found an online notary course which can be completed in about 3 hours for $25. We also found a reference to a 1 day course which was given in a college setting.

Notary Certification requires also vary by state. In some states you will need to pass a state test, but in other states you just have to apply, be over 18 years, have no felony record, and be a legal resident of your state. You will have to pay a fee for your state application, be bonded, and pay for some supplies.  Notary associations also recommend purchasing an E&O policy to protect yourself against any claims of eerrors.

This may seem like a lot of requirements, but I found information that one association sold a package for Texas residents which only cost $79 for everything. Even if you add in another $25 for an online class, your initial investment is only a little over $100. This can almost be recouped in your first commercial transaction.

More Information

This website has a lot of information on becoming a Texas notary. You can certainly find similar online information for your state.

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