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Wow and I thought realtors getting a % cut on sales was a scam, at least in NA when you get to the notary, it's a flat fee.
by morkalork 3y ago
Wow and I thought realtors getting a % cut on sales was a scam, at least in NA when you get to the notary, it's a flat fee.
- namaria 3y agoIn Brazil notaries get a cut of real estate deed transfers, and the position was hereditary until the 1990s.
- ProjectArcturis 3y agoIn Italy, getting something notarized costs $1-2k. As far as I know, the position is still passed down from parents to children.
- morkalork 3y agoAre there other officially hereditary jobs still out there?
- piaste 3y agoIt's not technically hereditary. But if the job licenses are a finite resource, and the licensee "owns" the license and is allowed to give/sell it to a person of their choice, and the job is reasonably pleasant/profitable... they're very likely to pass it on to their children, unless those children have other plans. Pharmacies in Italy work much like notaries, although they obviously provide a much more useful service. My understanding is that in part of the US taxis work the same way, with limited # of "medallions" being treated as an investment.
- geraldhh 3y agofarmers
- somat 3y agoIt sounds like notaries are a different service as well, in the US a notary is a minor(very minor) government official whose primary purpose is to verify that the person signing a document is the person they are claiming to be. For the most part US notaries have little knowledge of the contents of that document. In California (I think other states, but each state has it's own specific laws) the fees are fixed below a small set amount. https://www.nationalnotary.org/knowledge-center/about-notaries/notary-fees-by-state https://www.nationalnotary.org/knowledge-center/about-notari...
- morkalork 3y agoAt least in Canada, it's not government employees but rather not-quite-a-lawyer types who are glorified ID verifiers.
- somat 3y agoI was a but optimistic on my wording, But in the US they are not government employees(they are not paid any sort of salary) just citizens who are authorized to verify signatures(a governmental duty, which is why I called them minor government officials) and are are allowed to collect a small fixed fee for their effort.
- deleted 3y ago[deleted]
- hnbad 3y agoFWIW in Germany in order to apply as a notary you have to be a lawyer and the number of notaries is very limited and they're lifetime positions. As with all public officials, there are severe penalties for professional misconduct and losing your lifetime position and benefits is usually enough of an incentive to keep these people honest and careful.