How much does a $10,000 notary bond cost in Tennessee?
Tennessee notary bonds are issued instantly for four-year terms, starting at just $50. Errors and omissions coverage is also included at no additional charge. Errors and omissions insurance ensures you are NOT held personally liable for mistakes made while notarizing documents. Visit our blog for more information on this essential coverage.
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Why do I need this bond?
All notaries in Tennessee must submit a $10,000 notary bond to the Secretary of State prior to being commissioned.
By posting a Tennessee notary public bond, the notary is obligated to faithfully and honestly execute all of his or her duties. This specific bond also guarantees that notaries will file regular reports of all documents notarized and oaths administered. If the principal fails to keep all required records safe or aids someone in committing fraud by verifying a signature that he or she knows to be forged, the harmed party can file a claim against the bond.
What’s the fine print?
Tennessee notary public surety bonds must be filed with the clerk’s office of the county in which the applicant wishes to do business. Notary public surety bonds have a term length of four years and must be filed within 40 days of the notary’s commission.
How to become a notary public in Tennessee
A person must be a legal U.S. resident and 18 years of age to become a notary public. At the time of election, all notaries must be residents of the county for which they were elected. A county legislative member is not prohibited from becoming a notary public; however, they cannot vote on their own appointment.
Applicants looking to become notaries must not be found to have committed any of the following acts:
- Removal from office of notary public for official misconduct
- Convicted of giving or receiving a bribe
- Notarial commission revoked or suspended by the state
- Found guilty in any court of the unauthorized practice of law
Should a notary public move his or her place of primary residence out of the relevant county, he or she must notify both the county clerk of the new county and of the previous county.