Launching and Running a Notary Business in the State of Massachusetts

Are you interested in starting your own notary business in the state of Massachusetts? Becoming a notary public can be a fulfilling and profitable venture. In this article, we will guide you through the process of launching and running a successful notary business in Massachusetts. We will also explore the fees that can be charged for various notarial services, as well as additional charges allowed for mobile, loan closing, or remote online notarizations.

1. Getting Started as a Notary Public

The first step in launching your notary business is to become a commissioned notary public in Massachusetts. To do this, you must meet the following requirements:

• Be at least 18 years old
• Be a legal resident of Massachusetts or have a principal place of business in the state
• Be able to read and write in English
• Never have been convicted of a felony
• Complete the application process
• Purchase a notary seal and journal

The application process involves submitting an application form, paying the required fees, and completing an online training course. Once your application is approved, you will receive your notary commission, allowing you to operate as a notary public in Massachusetts.

2. Setting Up Your Notary Business

Now that you are a commissioned notary public, it’s time to set up your notary business. Here are some important steps to consider:

• Create a business plan: Outline your goals, target market, pricing strategy, and marketing plans.
• Obtain business insurance: Protect yourself and your business from any potential liability.
• Market your services: Use online platforms, social media, and local advertising to promote your notary services.
• Build a professional network: Establish relationships with real estate agents, attorneys, and other professionals who may require notary services regularly.

By setting up a solid foundation for your notary business, you can increase your chances of success and attract a steady stream of clients.

3. Understanding Notary Fees

As a notary public, you are entitled to charge fees for your services. The fee structure for notarial services in Massachusetts is regulated by the Secretary of the Commonwealth. Here are some common fees you can charge:

• Acknowledgments: $1 per signature
• Jurat (oath or affirmation): $1 per signature
• Copy certifications: $1 per page
• Witnessing or attesting a signature: $1 per signature

It’s important to note that these fees are subject to change, so it’s advisable to stay updated with the latest fee schedule provided by the Secretary of the Commonwealth.

4. Additional Charges for Special Notarial Services

In addition to the standard notarial fees, Massachusetts allows notaries to charge additional fees for specific services. These services include mobile notarizations, loan closing notarizations, and remote online notarizations.

For mobile notarizations, where the notary travels to the client’s location, you can charge a reasonable travel fee on top of the standard notarial fees. Loan closing notarizations, which involve facilitating the signing of mortgage documents, often command higher fees due to the complexity of the process.

Remote online notarizations, where documents are signed electronically and notarized remotely, are also permitted in Massachusetts. You can charge a separate fee for this service, considering the additional technology and security measures required.

Conclusion

Congratulations on your decision to launch a notary business in Massachusetts! By following the steps outlined in this article, you can start your journey towards a successful notary career. Remember to stay informed about the latest regulations and fees set by the Secretary of the Commonwealth, and always provide professional and reliable services to your clients.

For more in-depth articles on starting and running a notary business, explore our website for valuable resources and insights. Wishing you the best of luck in your notary endeavors!