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Who Needs A Nevada Notary Bond?

PotatoChef | Aug 2, 2010 |

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If a person is applying for their first notary commission in the state they would need a Nevada Notary Bond. Also anyone that needs to renew their commission would also need a notary bond in the state of Nevada.

Bonds have a term of 4 years and all the states require that a notary public have a notary or surety bond. Securing a Nevada notary bond is pretty simple. You would need to go through 5 steps in order to obtain a bond.

Complete a notary application.
Complete a notary bond education training course.
Obtain a notary (surety) bond.
Turn in all needed documents along with any fees to the Secretary of State.
Obtain a notary stamp and journal.

Notary bonds are sold by an insurance agency that offers surety services or by a surety bond agent. A $10,000 face value bond is required.

So why does a Nevada notary need a bond anyway?

Because the public needs a layer of protection to help guard against a dishonest or negligent notary public. A claim can be made against a bond if any party is caused financial damage due to the notaries failure to discharge their duties according to the law.

While a notary bond will help protect the public against financial loss, it is E&O insurance that will help protect the notary if a claim is made against the bond. Errors and Omissions insurance is protection for the notary that can be purchased at the same time that a Nevada notary bond is purchased.

Once you have completed all of the steps to become a Nevada notary this is what being a notary is all about. The notary is an official witness to the signing of legal papers, contracts, and documents that a person would want a witness to.

Having a paper notarized does not guarantee anything. But it does force people to admit that they signed a document and that they were fully aware that they were signing it. There can't be any trickery involved or excuses made that you thought you were signing something insignificant.

But the notarized document works both ways. It also proves that the other party knows for a fact that you signed the document and that it is recorded. So they certainly can't say that it never happened.

Before signing a document that is going to be notarized the notary will ask to see official identification that has a photograph. The identification must also have a physical description of the person. A state issued drivers license or a passport are both acceptable forms of identification.

So if you are applying for your first notary commission you will need a Nevada notary renewal bond to submit with all of your paperwork. If you are renewing your notary commission after 4 years you will also need a new Nevada notary bond.

An in force Nevada notary bond will allow you to notarize papers anywhere in the state. It is important that the commission is kept current with a valid Nevada notary bond.