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Written by Crystal Knight
Notaries are vital for many reasons, especially in transactions that involve significant financial or legal consequences. Here are several reasons why notaries are important:
- Fraud Prevention: By verifying the identity of the signers and ensuring that the document is signed voluntarily, notaries help protect individuals and businesses from fraud.
- Trust and Assurance: A notarized document adds credibility and weight, proving that the signer’s identity was verified and that the signing took place without coercion.
- Legal Compliance: Some documents, such as real estate deeds and affidavits, must be notarized to be enforceable in court.
- Reducing Legal Disputes: Since notaries confirm that signers understand what they are signing, the chances of legal disputes arising from misunderstandings or false claims are reduced.