Becoming a notary public in the state where you are in can be a rewarding and valuable choice. Notaries play a crucial role in certifying important documents and transactions, providing a level of trust and authenticity to various legal processes. 

Today’s FAQ explores what a notary is, the significance of their role, and the step-by-step process to become a notary public in Iowa.

Understanding the Role of a Notary

A notary public is a state-appointed official who is an impartial witness when people sign important documents. Their primary responsibility is to verify the identity of the signatories and ensure that they act voluntarily and without coercion.

Notaries are essential in preventing fraud and maintaining the integrity of legal documents, ranging from real estate transactions to business agreements.

In the context of real estate transactions, notaries play a crucial role in validating documents related to property transactions, loan agreements, and other important paperwork.

Step-by-Step Guide to Becoming a Notary in Iowa

Becoming a notary public in Iowa involves a straightforward process, which includes the following steps:

Step 1: Determine Eligibility 

To become a notary public in Iowa, you must meet certain eligibility criteria. Generally, applicants must be at least 18 years old, are legal residents of Iowa, and have no felony convictions.

Step 2: Submit an Application 

Once you’ve completed the education course, you can obtain the notary public application from the Iowa Secretary of State’s website or their office. Fill out the application form accurately and pay the required application fee.

Step 3: Obtain a Surety Bond 

Iowa law does not mandate notary applicants to obtain a Surety bond as a form of insurance for the public. However, being a Notary carries risks and the potential for losses as well, so it is recommended to carry ​​Errors and Omissions Insurance. 

Step 4: Get a Notary Seal and Journal 

Upon approval of your application, you must purchase a notary seal.  The seal is used to authenticate your notarial acts.  Although not mandatory, getting and carrying a notary journal is recommended.  The journal helps you record all the transactions you notarize.

Importance of Notary Services in RealClear Settlement

RealClear Settlement services deal with complex real estate transactions, and the need for notary services becomes apparent during these processes. Various legal documents, such as deeds, mortgages, and affidavits, must be signed when buying or selling a property. A notary ensures that all parties involved provide their signatures willingly and confirms their identities, minimizing the risk of fraudulent activities.

Moreover, notaries help streamline the real estate settlement process, making it efficient and secure. RealClear Settlement services rely on notaries to build trust and provide a seamless experience for their clients.  It also provides clients with the flexibility of closing in multiple locations or at multiple times.

Notary Careers

Becoming a notary public in Iowa is a viable career option with significant relevance in real estate. As a notary, you play a crucial role in verifying the authenticity of legal documents, providing an essential layer of trust and security to various transactions. 

Notaries can be paid for their notarial services.  Payment can be made per notary signature and seal, per transaction, or on a contracted price.  Creating relationships with banks, real estate brokerages, closing companies, and clients can create some residual income by being hired for multiple recurring transactions.

By understanding the process of becoming a notary and its significance in real estate transactions, you can establish a successful notarial career and contribute to the efficiency and integrity of RealClear Settlement.

For more information on becoming a notary public in Iowa, contact RealClear Settlement or read more from the National Notary Association.  If you are interested in creating a notarial relationship with RealClear Settlement, please fill out the application to become a part of our RealClear Network.