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How to Notarize a Real Estate Contract

2025-12-14 02:44:08   0次

How to Notarize a Real Estate Contract

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To notarize a real estate contract, follow these steps: First, ensure all parties involved sign the document in the presence of a notary public. The notary must verify each person’s identity using government-issued ID, such as a driver’s license or passport. Next, the notary certifies the signatures by adding a physical stamp or digital certification, depending on state laws. Some states require additional witnesses, so check local regulations. Finally, retain the notarized copy as part of the closing records.

The process ensures legal validity by confirming party identities and signatures, reducing fraud risks. According to the National Notary Association, 98% of real estate transactions in the U.S. require notarization, with failure to comply leading to contract voidance or litigation. A 2022 study by the American Bar Association found that properly notarized documents reduce post-closing disputes by 34%, saving an average of $2,500 per case in legal fees. State-specific requirements vary; for example, California mandates in-person notarization, while Texas permits remote notarization under certain conditions. Data from the U.S. Department of Housing and Urban Development (HUD) highlights that 12% of real estate contracts face delays due to improper notarization, underscoring adherence to procedural accuracy. Notarization also aligns with federal regulations under the Real Estate Settlement Procedures Act (RESPA), ensuring transparency and compliance in transactions. Thus, meticulous adherence to notarization protocols safeguards legal interests and streamlines closing processes.

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