NJ Notary Notary Bond and Insurance Requirements

Question 1

What is the required surety bond amount for a commissioned notary public in New Jersey?

Accepted Answer

$15,000

Answer

New Jersey law requires all notaries public to obtain a $15,000 surety bond as a condition of their commission.

Question 2

For how long does a New Jersey notary public's surety bond remain in effect?

Accepted Answer

5 years

Answer

The NJ notary surety bond term runs for 5 years, matching the length of the notary's commission.

Question 3

With which office must a New Jersey notary public file their surety bond?

Accepted Answer

County clerk's office

Answer

The surety bond must be filed with the county clerk of the county in which the notary maintains their principal place of business.

Question 4

Who is primarily protected by a New Jersey notary's surety bond?

Accepted Answer

The general public

Answer

The surety bond protects members of the general public who suffer financial harm as a result of the notary's improper or negligent acts.

Question 5

If a valid claim is paid out from a New Jersey notary's surety bond, what is the notary's financial obligation to the bonding company?

Accepted Answer

The notary must reimburse the bonding company for the amount paid

Answer

A surety bond is not insurance for the notary; the bonding company can seek full reimbursement from the notary after paying a claim.

NJ Notary - New Jersey Notary Exam Practice Test