NJ Notary - New Jersey Notary Maximum Allowable Fees Questions and Answers

Question 1

What is the maximum fee a New Jersey notary may charge for taking an acknowledgment on a standard document?

Accepted Answer

$2.50

Answer

$5.00

Answer

$10.00

Answer

$15.00

Question 2

A notary is called to a mortgagor's home to notarize several documents for a real estate financing transaction. Regardless of the number of notarizations performed for the mortgagor, what is the maximum fee the notary can charge for this single transaction?

Accepted Answer

$25.00

Answer

$15.00

Answer

$50.00

Answer

$2.50 per document

Question 3

A mobile notary travels to a client's office. The notary performs two jurats and takes one acknowledgment. The notary and client agreed beforehand on a $40 travel fee. What is the total maximum amount the notary can legally charge the client?

Accepted Answer

$47.50

Answer

$40.00

Answer

$7.50

Answer

$55.00

Question 4

Which of the following statements is TRUE regarding fees for notarial services in New Jersey?

Accepted Answer

The fee for notarizing for a grantor in a real estate transfer is capped at $15.00 per transaction.

Answer

Notaries must charge a minimum of $2.50 for any notarial act.

Answer

A notary may charge an additional 'convenience fee' for every notarization.

Answer

Travel fees are capped at $25.00 by the State Treasurer.

Question 5

A client presents a document with signature lines for three separate individuals, all of whom are present. The notary administers an oath to each person and notarizes their three distinct signatures on the single document. What is the maximum fee the notary may charge?

Accepted Answer

$7.50, for the three separate notarial acts.

Answer

$2.50, because it is one document.

Answer

$10.00, a flat rate for multiple signers.

Answer

$5.00, for the first two signers only.

Question 6

Under New Jersey law, the authority to set and regulate the maximum fees for notarial acts is granted to which entity?

Accepted Answer

The State Treasurer

Answer

The Governor's Office

Answer

The State Legislature

Answer

The County Clerk