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

Since each signature requiring notarization is a separate notarial act, the notary may charge up to $10 per act, totaling $30 for three acts.

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

Charging fees above the statutory maximum can result in fines and potential revocation of the notary's commission.

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

Banks often absorb notary fees as part of their service, and the notary-employee may be prohibited by the employer from collecting fees personally.

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

Michigan law sets a strict maximum per notarial act, and accepting payment above this cap—whether called a tip or otherwise—would constitute overcharging.

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

A notary's journal is the primary record of services performed and fees charged, making it key evidence in any fee dispute.

MI Notary - Michigan Notary Exam Practice Test

MI Notary - Michigan Notary Exam Practice Test

MI Notary Michigan Notary Fees and Compensation 2