What is a title producer regarding a notary?In: Title Insurance |
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Title Geek Answer
A NOTARY PUBLIC is a public officer who attests or certifies writings (as a deed or mortgage) to make them authentic and takes affidavits, depositions, and protests of negotiable paper. The state you reside can issue you a Notary Public commission. In some states, the County or Parish you live in issues a Notary Commission instead of it being state-issued.
A TITLE PRODUCER is a licensed title insurance producer who has completed a title insurance pre-licensing course (typically a 48-60 hour course) and has passed the school examination, a state examination and paid licensing fees to the State DOBI or DOI. In many states a Title Producer is also required to complete Continuing Education hours during each licensing period in order to maintain their license in addition to paying the renewal fees when they come due.
The terms are NOT interchangeable. Each is a separate and distinct designation or license.
However, can a notary be a licensed title producer and visa versa, yes, ONLY if they have complied with both of the above requirements.
In some states, ONLY a Title Producer who is also a Notary Public or an attorney may acknowledge/seal mortgage loans and deeds for a title agency.
In other states, a Notary Public can acknowlege/seal mortgage loans and deeds for a title agency without being a Title Producer.
In other states, only an Attorney can acknowledge/seal mortgage loans and deeds for a title agency, regardless of whether they are also a licensed title producer and notary public.
Additionally, in some states an Attorney is considered an "Officer of the Courts" and does not need to be an Notary Public in order to acknowledge Deeds, Mortgages, etc.
First answer by TitleGeek. Last edit by TitleGeek. Contributor trust: 91 [recommend contributor]. Question popularity: 46 [recommend question]
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