MS Notary Notary Fees and Compensation 5

Question 1

Who sets the maximum fees Mississippi notaries may charge?

Accepted Answer

State law and the Secretary of State's administrative rules

Answer

Notary fee caps come from Mississippi statute and rules administered by the Secretary of State.

Question 2

A Mississippi notary performs a jurat for a document that is 40 pages long. How does document length affect the fee?

Accepted Answer

It does not; the fee is per notarial act, not per page

Answer

Mississippi fees are charged per notarial act regardless of the document's length.

Question 3

A notary's neighbor asks for a free notarization, and the notary agrees. Later a stranger is charged the maximum fee for the same service. Is this permissible?

Accepted Answer

Yes, as long as no charge exceeds the maximum and refusals are not discriminatory

Answer

Notaries may vary fees at or below the cap, provided they do not unlawfully discriminate.

Question 4

A signing service offers a Mississippi notary $150 for a loan signing appointment. How is this typically justified?

Accepted Answer

Most of the payment compensates non-notarial services like travel, printing, and courier work, not the notarial acts themselves

Answer

Loan signing compensation covers ancillary services, while the notarial acts themselves remain subject to the per-act cap.

Question 5

A client pays a Mississippi notary in advance, but the signer fails the identification requirements and the act cannot be completed. The most ethical course is to:

Accepted Answer

Refund the notarization fee since no notarial act was performed

Answer

A fee is earned only when the notarial act is actually performed, so an unearned fee should be returned.

(MS Notary) Mississippi Notary Exam Practice Test

(MS Notary) Mississippi Notary Exam Practice Test

MS Notary Notary Fees and Compensation 5