Posted by NJmobile on 6/13/05 9:46pm
Msg #44453

Safe deposit boxes

Hey, just got an e-mail from a bank asking for a mobile notary to do drilling of safety deposit boxes that have unpaid rent behind them ---- I think it's bogous --- but anyone ever hear of such a thing .... and for that matter, anybody do the notarization that goes with it?

I'm at a loss......

NJMe

Reply by LauriecPA on 6/13/05 10:05pm
Msg #44455

Yes, I did lots of them last year! It is soooo interesting to see what people leave in those boxes! A rep. from the bank will be present and will go through the box and give you the description of the items to write down, after the locksmith drills the box open. After each item is logged, each person, (locksmith, bank rep. and notary) signs the form and you notarize it! I really enjoyed it, like I said, you'll see lots of neat stuff and it's a nice change of pace.

Reply by Monica - FL on 6/13/05 10:07pm
Msg #44457

My goodness!!!! What would one charge for something like that? I have never heard of such a thing.

Reply by Sylvia_FL on 6/13/05 11:33pm
Msg #44471

Monica - consult the Florida Governor's Handbook - the fees are listed there


Note:
When notarizing the contents of a safety deposit box, remember to watch descriptions of the contents - if there happens to be a diamond ring in there, it is not listed as a diamond ring! It is a ring with a yellow metal band (if it is gold) and a clear stone. Gold becomes "yellow metal".. A ruby would be a red coloured stone, emerald - a green coloured stone etc. Be very generic in the descriptions.

Reply by Dmartz_IN on 6/14/05 9:09am
Msg #44511

Sylvia,
Thank you for the "Note" at the bottom of your post. The information is 100% correct for the State of Indiana. As a notary you can not attest to a value amount on jewelery,# of carrats or even if it is real. " Be very generic in the descriptions" that is your main advise on this subject
as noted by Sylvia

Reply by jerrytuttle on 6/14/05 8:45am
Msg #44507

Description of the items

I can understand that one should not affirm that a ring is diamond without having true knowledge of that fact. Which party is providing the description of the items in a safe deposit box inventory?


Jerry Tuttle
www.SoOrangeNotary.com

Reply by Monica - FL on 6/13/05 10:06pm
Msg #44456

That's strange. All banks have notaries. Why would they want you to do it for a fee when they have their own?????

Reply by Dmartz_IN on 6/13/05 10:08pm
Msg #44459

a bank employee may no do any notarizing as to contents of a Safe Deposit Box here in Indiana

Reply by Calnotary on 6/13/05 10:46pm
Msg #44467

Conflict of interest. Besides you dont notorize somthing that you have beneficial interest.
I guess; anyways I do I know?

Reply by PAW_Fl on 6/14/05 7:18am
Msg #44496

Monica, please read your Florida Governor's Reference Manual and learn what's inside. It explains what needs to be done as far as opening safe deposit boxes, and why external notaries are needed.

Reply by Ernest__CT on 6/14/05 1:55am
Msg #44486

There have been threads on this topic before.

First, be careful of what you're being asked. Are you being asked to do the drilling AND be the notary, or to be a notary/witness? If you're being asked to be the notary/witness and NJ law allows you to certify the contents of safe deposit boxes, then go for it! If you are expected to drill, then read post 16607!

Reply by Happy in Fl on 6/14/05 9:39am
Msg #44513

I believe I received something a few weeks ago, that Florida Legislature changed rules that banks in Florida can now provide their own Notary.

I haven't been getting any more calls since that info came out.

Might want to check it out, in case the SOS hasn't updated the site yet.

Reply by PAW_Fl on 6/14/05 12:35pm
Msg #44539

I don't know what the Legislature would change, since there is nothing in the current FL Statutes (that I know of), in particular 655.94, that restricts banks from having and using their own notaries. However, since the person inventorying the contents of the box, the notary, must be "impartial", then it would be to the bank's advantage that a notary not in the employ of the bank be the one performing the inventory.

Reply by Robert E (Bob) Rogers on 6/14/05 2:00pm
Msg #44577

I've not heard on any change.

Reply by NJMobile on 6/17/05 9:55pm
Msg #45725

Hey guys,

Thanks for all the input on the safe deposit cracking case. I'm pretty sure the law in New Jersey on this coincide with your State of Florida's banks' laws --- But I'll be checking on it. As far as the fees I found out from my mentor that they charge between $25.00 and $50.00/hour just for notarizing. Seems pretty fair, if they have a couple dozen to open for the day.

Hoping it works out... and thanks again for the thread