Posted by LKT/CA on 5/9/13 6:17pm
Msg #469475

What CA notary has a $100K BOND??

NO....not $100K Errors & Omissions.........$100K BOND? I just got off the phone with a TC from Nevada who swears up and down that to be on their "approved list", I'd have to have a $100K bond. Apparently, I have a GNW client who is refi'ing and they gave them my phone number because they wanted ME to be the notary. The woman called and asked what the amount of my bond was. I said $15,000, as required by the CA SOS. She said, no that's not adequate, I'd have to have $100K. I told her she's talking about Errors & Omissions and she said NO - the bond. I told I don't believe she'll find a notary with a $100 bond......Errors & Omissions - yes.....bond - NO.

She said, YES we have someone but the client wanted me to be the notary and she had to call and find out what limits I had. So my question is: Do you, CA Notary, have or know another CA notary who carries a $100K bond on file with the SOS? I'm NOT asking about Errors & Omissions so do NOT write back about Errors & Omissions......I'm asking about the BOND.

Reply by TamaraCA on 5/9/13 6:40pm
Msg #469478

No, my bond is also $15,000 as required. n/m

Reply by Notarysigner on 5/9/13 7:50pm
Msg #469487

same here $15 K n/m

Reply by JeffC/CA on 5/9/13 11:57pm
Msg #469528

$15k for me. Package deal with $100k e&o.

Reply by docs2go/ca on 5/9/13 11:58pm
Msg #469530

My Bond is also S15K

Reply by JanetK_CA on 5/10/13 12:16am
Msg #469533

Just the required $15K. n/m

Reply by Belinda/CA on 5/10/13 1:35am
Msg #469541

TC gal clearly mixed up on bond and E&O. Too bad it

cost you a job. Especially when someone asked for you.

Can you call them back and talk to someone else? Worth a try.

Reply by rengel/CA on 5/10/13 10:55am
Msg #469571

Nope, 15K here. I'm thinking they are just looking for a reason to give the job to one of their pet monkeys.


My .02

Reply by Yoli/CA on 5/10/13 11:44am
Msg #469579

Also only $15,000 bond here.

I agree with Belinda and Rhonda, Lisa. Seems TC wants their buddy to handle signing. You may want to call TC back and ask to speak with that someone's supervisor. You may also consider speaking with person who requested you to let them know what's happening. Maybe that borrower can put the "squeeze" on his LO to insist on you accommodating that signing.

Good luck!

Reply by Notarysigner on 5/10/13 12:17pm
Msg #469581

Just thinking, if you know her name, you can find out what here bond is....