MI Notary Michigan Notary Fees and Compensation 2

Question 1

If a document contains three separate signatures each requiring notarization, what is the maximum total fee a Michigan notary may charge?

Accepted Answer

$30

Answer

$10

Answer

$20

Answer

$50

Question 2

A Michigan notary who overcharges for a notarial act may be subject to which penalty?

Accepted Answer

A fine and possible revocation of commission

Answer

Permanent loss of commission only

Answer

Civil lawsuit only

Answer

A verbal warning from the county clerk

Question 3

A notary employed by a bank notarizes loan documents for bank customers. Who typically pays the notary fee?

Accepted Answer

The bank may absorb the cost as a business service

Answer

The customer always pays the notary directly

Answer

Michigan law requires the borrower to pay all fees

Answer

No fees are allowed at financial institutions

Question 4

May a Michigan notary accept a gratuity (tip) in addition to the maximum statutory fee?

Accepted Answer

No, any payment above the statutory maximum is prohibited

Answer

Yes, voluntary tips are permitted above the statutory fee

Answer

Only if disclosed in the notary's fee schedule

Answer

Only from non-profit organizations

Question 5

Which document serves as the best evidence if a fee dispute arises regarding a Michigan notary's services?

Accepted Answer

The notary's journal entry recording the fee charged

Answer

Verbal testimony from witnesses

Answer

A receipt from the county clerk

Answer

The notary's commission certificate

Question 6

A Michigan notary charges $10 per notarial act but the document signer refuses to pay. What should the notary do?

Accepted Answer

Refuse to perform the notarization until payment is arranged

Answer

Complete the notarization and pursue payment in small claims court

Answer

Contact the Secretary of State immediately

Answer

Perform the notarization for free and file a complaint