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10 votes
10 votes
) Bob is a notary public employed by a local bank. The bank purchased Bob's supplies, paid for his bond, and had Bob sign an agreement limiting the notarial services he is able to provide within the bank. Bob's neighbor and good friend, Betty, is refinancing her mortgage. She calls Bob on Friday and asks if he would be available to notarize loan documents at her home on Saturday. Bob meets Betty at her house. He notarizes nine signatures, completes nine notarial certificates, and affixes his seal and signature to each. What is the most Bob can charge Betty for this service?

User Forcewill
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2 Answers

15 votes
15 votes

Answer:

imagine working I cant relate

Step-by-step explanation:

User Xivo
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17 votes
17 votes

Final answer:

The maximum fee Bob can charge cannot be determined without knowing the state's fee schedule for notarial acts. Notary fees are state-specific, and the information regarding Singleton Bank and a loan transaction is not relevant to this inquiry. Bob should consult the fee schedule of the state in which he serves as a notary to calculate the correct charges.

Step-by-step explanation:

The question does not provide sufficient context to determine the maximum amount Bob can charge Betty for notarization services as notary fees can vary by state and are subject to state law. Furthermore, the provided reference information pertaining to Singleton Bank and Hank’s Auto Supply loan transaction is not relevant to the question about notarization fees. To accurately answer Betty’s question, one would need to know the state in which Bob operates as a notary public, as each state has its own fee schedule for notarial acts.

For example, if Bob is in a state where the maximum fee per notarial act is $5, and he notarized nine signatures, he would be able to charge a maximum of $45 ($5 per act multiplied by 9). However, without specific information regarding the state fee schedule or any additional service fees that Bob may be entitled to charge (e.g., for travel), an exact amount cannot be determined. Bob should consult his state's notary public fee schedule to ensure compliance with regulations.

User Charelle
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