Fee Schedule and Compensation Flashcards
7 cards from real SD NOTARY practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Fee Schedule and Compensation flashcards as text
A South Dakota notary performs a remote online notarization. Under state law, the maximum fee per remote notarial act is:
Answer: $10, the same as an in-person act
South Dakota applies the same $10 maximum fee cap to remote online notarial acts as to traditional in-person acts.
Which entity is responsible for enforcing South Dakota's notary fee schedule?
Answer: The Secretary of State's office
The Secretary of State's office oversees notary public commissions and compliance with notary statutes, including fee limits.
A notary in South Dakota charges $10 for an acknowledgment and also adds a $3 'document review fee.' Is the total $13 charge permissible?
Answer: No, the total charged for any notarization cannot exceed $10
South Dakota law caps the notarial fee at $10 per act, and creative surcharges for the same service are not permitted to circumvent the cap.
A notary charges different fees to different signers for the same notarial act. Under South Dakota law, this is:
Answer: Permissible as long as no fee exceeds the $10 maximum
South Dakota law only mandates that fees not exceed $10 per act; notaries may charge varying amounts below that ceiling.
A South Dakota notary is asked to perform a certification of a copy of a private document. What is the maximum fee allowed for this service?
Answer: $10, the standard maximum fee per notarial act
Copy certification is a notarial act subject to the same $10 per act maximum fee as any other notarial act in South Dakota.
If a signer pays a notary $10 for a notarial act and later discovers the act was performed improperly, the notary:
Answer: Is not required to refund the fee but may face disciplinary action
South Dakota law does not automatically mandate fee refunds for improper acts, but the notary can face disciplinary action, suspension, or commission revocation.
A notary public in South Dakota works for a bank and notarizes documents only for bank customers. The bank pays the notary a salary that includes compensation for notarizations. Is the bank allowed to keep the notary fees instead of giving them to the notary?
Answer: Yes, the employer and notary may agree that fees belong to the employer
By mutual agreement, an employer and notary may arrange for notarial fees to be retained by the employer, especially when the notary receives a salary.