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Law

NV Assembly Bill 245

Notary Law Update: NV Assembly Bill 245

State: Nevada

Summary:
Assembly Bill 245 raises the fees Notaries may charge and also amends certain provisions related to document preparation services.

Signed:  May 29, 2021

Effective:  July 01, 2021

Chapter: 200

Affects:
Amends Sections 240.065, 240.100, 240A.100, 240A-115, and 240A-260 of the Nevada Revised Statutes.

Changes:
  1. Raises the fees for taking an acknowledgment from $5 to $15 for the first signature of each signer and from $5 and from $2.50 to $7.50 for each additional signature of each signer.
  2. Raises the fees for administering an oath or affirmation from $2.50 to $7.50.
  3. Raises the fees for a certified copy from $2.50 to $7.50.
  4. Raises the fees for a jurat from $5 to $15.
  5. Raises the amount a Notary can charge for a travel fee from $10 to $15 an hour between the hours of 6:00 am and 7:00 pm, and from $25 to $30 an hour between the hours of 7:00 pm and 6:00 am.
  6. Raises the application fee for registration as a document preparation service from $50 to $100.
  7. Raises the renewal fee for registration as a document preparation service from $25 to $50.
  8. Authorizes a Notary who is registered to engage in the business of a document preparation service to perform a notarial act on a document if the Notary has received or will receive directly from a transaction relating to the document a fee for providing document preparation services in addition to the fee authorized pursuant to NRS 240.100 for the notarial act.
  9. Provides rules, as specified, related to administrative proceedings against document preparation services.
Analysis:

It’s always a great day when a state legislature raises the statutory fees Notaries Public may charge for their services. For Nevada’s Notaries, the last time the fees were increased was in 1999, so an increase was timely. The bill also clarifies that a Notary who is registered to provide services as a document preparation service may perform a notarial act on a document if the Notary has received or will receive a fee for providing document preparation services in addition to the fee for the notarial act. This provision removes the apparent conflict of interest for providing both services on the same document and allows a Notary to charge fees for the notarial act and for providing document preparation services.

Read the bill text.

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