CALIFORNIA REAL ESTATE
UPDATE #16

NAME THE SEMINAR CONTEST

In our last newsletter, we announced a contest to name a new seminar and offered a cash prize. We want to thank the readers who responded. Twelve entries were selected and we sent them to a cadre of real estate seminar experts for evaluation. The final results will be ready by next month.

SPECIAL NOTE: One person entered seven names but when we tried to send an email back, it was returned and there was no signature file in the entry. If you were the one person who entered seven entries, please call 800-439-4909 and ask to speak to Duane Gomer.

OUR NEW SPECIAL COURSE

On April 30th, Duane Gomer Seminars will offer our newest course, Notary Public Exam Review, for the first time in Laguna Hills. Since we are "heavy" into Notary questions at this time, we thought that we would make this newsletter a Notary Public Education Forum and Exam.

Following are 20 questions that illustrate many facets of Notary Public Laws and Regulations. If you have any questions about future locations, e-mail or fax our office and location desired plus your address, phone, fax or e-mail. We will be expanding our offerings immediately.

DO YOU KNOW NOTARY LAW?

1. What is one requirement for becoming a California notary Public?

   1. Be under 18 years of age.
   2. Have a criminal record.
   3. Not pass an exam.
   4. Be a legal resident of California.

2. Your jurisdiction will be:

   1. The entire State of California.
   2. The county in which you live.
   3. The city in which you work.
   4. The entire United States.

3. The agency of the State that will give you the new Certificate is:

   1. Corporation Commissioner
   2. Bureau of Notary Publics.
   3. Secretary of State.
   4. Department of Real Estate.

4. If a notary willingly and knowingly notarizes a Real Estate document that they know to be fraudulent, they are guilty of a:

   1. misdemeanor.
   2. lis pendes.
   3. carpe diem.
   4. felony.

5. A subscribing witness can bring you a:

   1. Quit Claim Deed.
   2. Grant Deed.
   3. Mortgage.
   4. Homestead Statement.

6. Which of the following are methods of identification?

   1. personal knowledge by Notary.
   2. satisfactory evidence.
   3. credible witness.
   4. all of the above.

7. If you are one of the following concerning a document, you must not notarize it:

   1. agent.
   2. employer.
   3. lawyer.
   4. trustor or trustee.

8. The fine for overcharging is:

   1. up to $10.
   2. up to $1,000.
   3. up to $75,000.
   4. d. up to $750.

9. During the signature by mark process, how many people print the name of X?

   1. at least three.
   2. two.
   3. one.
   4. none of the above.

10. A commission is valid for _____ years.

    1. 1 year.
    2. 2 years.
    3. 4 years.
    4. 12 years.

11. Your 4-year notary bond is worth:

    1. $15,000.
    2. $750.
    3. $75,000.
    4. $1,500.

12. To be accepted ID's must be current and issued within:

    1. 1 year.
    2. 2 years.
    3. 5 years.
    4. 10 years.

13. An ID needs the holder's:

    1. picture.
    2. signature.
    3. description.
    4. all of the above.

14. Notaries must:

    1. keep a photocopy of every document notarized.
    2. keep their stamp and journal under lock.
    3. refuse service to a homeless individual.
    4. none of the above.

15. You must re-take the notary exam:

    1. any time after you have to pay a fine.
    2. never.
    3. every 4 years.
    4. none of the above.

16. A deposition is:

    1. oral testimony that is written down.
    2. a jurat.
    3. notarized document.
    4. all of the above.

17. Notaries can withhold services:

    1. when their employer limits services to transactions related to the employer's business.
    2. when a document is incomplete.
    3. when they believe someone does not understand what they are signing.
    4. all of the above.

18. An applicant to get a commission:

    1. must pass an exam.
    2. be fingerprinted.
    3. must be felony free.
    4. all of the above.

19. If a principal cannot appear, the document may be brought to the notary by:

    1. any peace officer.
    2. an agent for the principal.
    3. a spouse.
    4. one subscribing witness with proper identification.

20. The most frequently completed form is:

    1. the acknowledgements.
    2. jurat.
    3. confidential marriage license.
    4. protest.

ANSWERS TO THE NOTARY LAW QUIZ

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COMPLETE INFORMATION ON REAL ESTATE LICENSING

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