Exam (elaborations)
Butler County Notary Exam with Verified Q&A’S | Latest Update
- Course
- Institution
Butler County Notary Exam with Verified Q&A’S | Latest Update
[Show more]
Content preview
Butler County Notary Exam with VerifiedQ&A’S | Latest Update
Deed or mortgage of real estate is required by law to be acknowledged before a Notary who -
✔✔certifies on the same sheet.
A lease of three of more years must also - ✔✔be acknowledged before a Notary
Grantor, or person selling, and husband or wife, need to - ✔✔sign a deed
The grantee signature does not - ✔✔appear on document
Mortgagor or borrower need to - ✔✔sign the mortgage. The mortgagee signature does not
appear on the document.
Lessor or Landlord need to - ✔✔sign the lease. Leasees signatures are sometimes on lease
but acknowledgement is not necessary.
POA for conveyance for mortgage, lease or real estate must be - ✔✔signed, witnessed,
acknowledged, certified in the same manner as deeds
Notaries should refrain from taking and certifying - ✔✔depositions
And Notaries should refrain from - ✔✔receiving, making and recording notarial protests.
Technical matters should be handled by - ✔✔Attorneys
, A Bill of Exchange or Draft is an - ✔✔unconditional order in writing signed by one person and
addressed to another, requiring the person to whom it is addressed to pay on demand or on a
fixed date, a particular sum of money
The date the money must be paid out must be presented to drawee for acceptance in order
that the date shall be determined - called - ✔✔"presentment for acceptance"
Checks are - ✔✔drafts drawn on deposit of funds in a bank
The person making the check is the - ✔✔drawer
The person to whom it written is the - ✔✔drawee or acceptor
A Promissory Note that is negotiable is - ✔✔an unconditional promise in writing by the
maker that he will pay on demand or on a specified date a sum of money to the bearer
The signer of the Note is the - ✔✔Maker
The person to whom it is payable is the - ✔✔Payee
The payee can sign the note over to another. In this case the payee is - ✔✔the Indorser
The one who receives it is - ✔✔the Indorsee
If the Note is not paid at the time - ✔✔it is "dishonored"
"Notice of Dishonor" must be given by a Notary either - ✔✔oral or in writing, in person or by
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Examsplug. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.79. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81989 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now