Agreement notarised: Everything you need to know
When you enter into a contractual agreement, it is essential to make it legally binding and enforceable. One way to ensure this is by getting your agreement notarised. Notarisation is the process of validating a document by an impartial third party, the notary public. This article will provide you with everything you need to know about agreement notarised, including what it means, why you need it, and how to get it done.
What does it mean to have an agreement notarised?
Having an agreement notarised means that a notary public has verified the identity of the individuals signing the document and that they have signed the document voluntarily. The notary public will then affix an official seal and signature, indicating that the document is genuine and legally binding. This process helps to prevent fraud and ensures that the agreement is enforceable in court.
Why do you need an agreement notarised?
There are several reasons why you may need to have an agreement notarised. Here are some of the most common ones:
– Real estate transactions: When you are buying or selling property, you will likely need to have the sale agreement notarised. This will ensure that the transaction is legal and binding.
– Power of attorney: If you need to give someone else the authority to act on your behalf, you may need to have a power of attorney document notarised.
– Business contracts: Any business agreement that is legally binding, such as partnership agreements, vendor contracts, or employment contracts, should be notarised to ensure that it is enforceable.
– Loan agreements: If you are borrowing money from a lender, you may need to have the loan agreement notarised to ensure that it is legally binding.
How to get an agreement notarised?
The process of getting an agreement notarised is relatively simple. Here are the steps you need to follow:
Step 1: Find a notary public
A notary public is an impartial witness who verifies the identity of the individuals signing a document. You can find a notary public at your local bank, law office, or government office.
Step 2: Bring your document to the notary public
Bring the original document that you want to have notarised, along with a valid ID, such as a driver`s license, passport, or state-issued ID.
Step 3: Sign the document in the presence of the notary public
The notary public will verify your identity and witness your signature. They will then affix a seal and signature to the document, indicating that it has been notarised.
Step 4: Pay the notary public fee
Notary public fees vary by state and location. You will need to pay a fee for their services.
In conclusion, having an agreement notarised is an important step in making sure that your contract is legally binding and enforceable. It is a straightforward process that involves finding a notary public and bringing your document to them for verification. By taking this step, you can protect yourself and ensure that your agreement is valid in the eyes of the law.