It was pushed through the legislature with basically no thought put into it... The thoughts of notaries certainly weren’t taken into consideration. I think this was heavily lobbied for by the title industry. It will be expensive for the notary and the consumer, while maximizing profits and minimizing overhead for title agencies.
When the Department of State came out with their proposed bond form for “online notary public” it was a mess. They referred to the “office of online notary public” when no such office existed, they started the 4 year bond term on the date of application for online notary registration rather than having it run contiguous with the notary’s commission. I wrote to them, and they made changes, but clearly the form doesn’t anticipate a commissioner of deeds or civil law notary applying. Like I said, no one put any thought into this. It’s a logistical nightmare and I for one am glad that I don’t have to have any part in it! |
