Never Let Your Documents Become Garbage, Have It Notarized!
Probably, any legal instances would require a written document for the set agreement of both parties. Additionally, all crucial components ought to be provided with it such the assertion of the deal, time and date of the agreement, and the names of the involved parties with signatures. Even when the document contains all the needed aspects, it might be considered as trash, without the authorized notarization.
Apparently, notarization addresses many legal matters. This can be valuable in making affidavits and declarations, authentications, acknowledgments, and many other things. In order to understand the importance and function of notarization, let us set buying and selling a property as an example.
To begin with, purchasing a property requires a deal from the purchaser and the owner. These two parties would necessarily talk about things like the total price, method of payment (direct cash payment or staggered), shouldering transfer of title, capital gain tax, documentary stamp, and many other things. When everything is set, a hard copy of a contract to sell is produced. This is in fact an agreement that binds both the seller and the purchaser as long as the two parties adhere to the cotract. Both parties’ signature should be provided along with some other witnesses. Now, the remaining element in this aspect of this deal would be the notarization. If ever the contract is never notarized, it is determined to be an inadequate document weak and may even be not legal. This means that if any of the party did not follow what is written in the contract, he or she may get away from legal consequences. Needless to say, you can get a lawyer and try to prove this issue, but less likely that you will win the case.
Obtaining a deed of sale would be the next part of buying or selling a property. This can be the final agreement stating that the property is already bought and the rightful owner is now the buyer. Typically, the seller can never say any longer that the real estate property belongs him or her the moment that notarization is done. In contrast, when there is no available notarization on the document, the court may still consider the seller as the rightful owner and it would be very difficult to prove otherwise.
As mentioned earlier, real estate transaction is simple among one of the many things that require notarization. There could be more and if you want to guarantee legality and safety of your agreements and other related stuff, be sure to find one. You can always try the Notary Depot and other similar services near your area to help you complete this venture.