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Notary Bulletin

How do I record Signing Agent fees in my Notary journal?

When conducting a loan signing in Texas, it is my understanding that I will be notarizing several documents in the loan package. I will enter each of those documents separately in the journal. However, I'm being paid a flat rate fee for the signing. Should I just note the flat fee in the journal, or does it have to be broken out in some manner?T.O., Texas

The fee you receive from the signing company is not a notarial fee that is recorded in the journal. The flat fee covers all you do as a Signing Agent, including notarizing signatures on closing documents. As a result, you aren’t charging for the notarizations you perform. You can record “0” in the fee column of your journal and make a note that you were paid a flat fee for a loan signing on that date. Make sure you keep separate business records of all the invoices and payments for loan signings you perform.

Hotline answers are based on the laws in the state where the question originated and may not reflect the laws of other states. If in doubt, always refer to your own state statutes. – The Editors

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2 Comments

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Lisa Anita Ford

18 Jan 2021

Excellent information you have provided thanks so much for your kindness.

Fredrick Dukes

18 Jan 2021

I asked this same question to an IRS enrolled agent on a you tube channel that if I did a loan signing for say a $100 and there were 3 notarial acts ( Florida allows $10 per notarial ) could I take $30 out as notarial fees and $70 as signing fees in my journal. Every signing document have different amount of notarizations and different travel distance so they pay flat rate. Thanks

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