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Butler County Notary Exam with Verified Q&A’S | Latest Update
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Butler County Notary Exam with Verified Q&A’S | Latest Update
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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
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