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Might be a different meaning of the term notary. In the US, you can become a notary public for $35 and an online course in many instances.
by debacle 3y ago
Might be a different meaning of the term notary. In the US, you can become a notary public for $35 and an online course in many instances.
- hef19898 3y agoYou cannot be elected? In all seriousness, notaries in Germany are all full lawyers and practices are highly sought after, as the numbers of lisvensed notaries is limited.
- tecleandor 3y agoIn Spain, Notaries and Property Registrars are a weird thing. You have to pass an exam, same as a public servant, and the number of positions is limited. But you don't have a regular salary like any other public servant: you set up a private office and get the money directly from your clients. The price for the actions is regulated but it's high, and the number of licenses is limited, so generally they have hefty salaries, specially compared to the rest of the public servants and the mean of the population. Their salary can be very variable based on location (as you get the money directly from your clients), but it's said to typically be from 100K to 200K€
- mariojv 3y agoMy eyes popped at that salary for a notary in Spain given most eng positions seem to pay under 60K euro. It looks like they need a law degree, too, so I'm sure they offer legal services other than property transactions? https://www.notariado.org/portal/en/how-to-be-a-notary https://www.notariado.org/portal/en/how-to-be-a-notary
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- Tangurena2 3y agoIn many states, notaries can marry people as the actual legal step of notarizing the marriage license and returning it to the county clerk's office is the actual deed that makes people legally married.
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- statusgraph 3y agoSeems like it, the parent poster is almost implying there's an element of underwriting the transaction/house for which 2% is not unreasonable (Title insurance is in the 1% (or a bit less) range in the US I believe)
- jcranmer 3y agoIn the US (and I think most common law jurisdictions), a notary public is basically Certificate Transparency for legal documents. The notary records that so-and-so signed such-and-such on this date in their log, and if you have any doubts about that, they can produce that log for you to prove to that they witnessed it. By contrast, civil law notaries are generally full-on lawyers who are trained and intended to perform several legal tasks.