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GUAM NOTARY EXAM

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Exam study book Notary Public Exam Prep New York of Angelo Tropea - ISBN: 9798686900202 (GUAM NOTARY EXAM)

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GUAM NOTARY EXAM ACTUAL EXAM 70 QUESTIONS
AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |AGRADE
If you are a notary commissioned by the State of California on July 1st, 2015 and you
do not renew your commission, which of the following is the first day you would be
in violation of the law if you were to acknowledge a signature?


Select one:
a. July 1st, 2018
b. July 2, 2019
c. July 1st, 2019
d. July 1st, 2018 - ANSWER: c.
This question makes you know two things:
1. The Commission Term (4 years)

2. The fact that you cannot perform service after your commission expires.



Your commission starts at 12:00am on the start date and ends at 11:59:59pm the
last day of the commission. If you were allowed to perform notary service on the 4
year anniversary date, that would be 4 years and 1 day, which is against statute.

In this scenario, the last day you could legally perform notary service is June 30th,
2019 until midnight.

The correct answer is: July 1st, 2019

Every notary is required to have a bond. What is the purpose of the bond and who
does the bond protect?

Select one:
a. The bond is an insurance policy that covers the notary in the event that they make
a mistake.
b. The $15,000 bond is purchased from a surety insurer licensed to sell bonds in
California and it protects the public for claims against the notary up to $15,000.
c. There is no limit as to how much the bonding company will have to pay and the
bond protects both the notary and the public.
d. None of the above are true. - ANSWER: b
The bond protects the public up to $15,000. The notary is still responsible to pay any
judgments against them.

,The correct answer is: The $15,000 bond is purchased from a surety insurer licensed
to sell bonds in California and it protects the public for claims against the notary up
to $15,000.

The legislators in the State of California realized there was a need for notaries public
to be adequately trained to insure that the laws were being followed. In order to do
this they passed a law. Which of the following would best describe what that law
said?


Select one:
a. The test was to be rewritten and made more difficult and made available in all
different languages that are spoken in California.
b. All new and renewing notaries would have to have a six hour training course by
state approved education vendor.
c. After the taking the initial six hour course, a three hour course would be required
for renewing notaries.
d. Both B and C are correct. - ANSWER: c After the taking the initial six hour course, a
three hour course would be required for renewing notaries.

A notary is considered to have a disqualifying interest when acting as:

Select one:
a. An employee notarizing for an employer.
b. A real estate agent selling a condominium.
c. A mortgagor in a real estate transaction.
d. An attorney who has drafted papers for a client. - ANSWER: c

If the Secretary of State sends a written request for a certified copy of the notary's
journal, the notary must

Select one:
a. Decline and let the constituent know that the journal entry is private information
known only to the signer and the notary.
b. Make certified copies of the requested material and immediately send it to the
Secretary of State.
c. The notary must send the requested material to the Secretary of State by certified
mail.
d. Both B and C are true. - ANSWER: both c and b

A California notary has jurisdiction only in

Select one:
a. The State of California.
b. Anywhere in the world as long as the client is a California resident.
c. As long as the document is going to be recorded in California, it does not make any
difference where the notary is located.

, d. None of the above are true. - ANSWER: a. state of california

If you change your name while you are a notary, what must you do?

Select one:
a. Submit a name change application to the Secretary of State within 30 days.
b. A name change is not required until you renew your commission.
c. File a modified bond and take a new oath of office.
d. A and C are correct. - ANSWER: a and c are correct

If a California notary changes his/her business or residential address while a notary,
which of the following is/are true?

Select one:
a. As long as the notary does not move out of California, no action is required.
b. If the business address is a P. O. Box the notary must have a physical home
address on file with the secretary of state.
c. The notary may refile the oath and bond in the new county, but is not required to.
d. Both B and C are correct. - ANSWER: both b and c correct

Notaries often use the notary commission in the workplace during regular business
hours. This situation provides for a "private employer agreement." Which of the
following is not true about that agreement?

Select one:
a. If the employer has paid for all the notary expenses, the employer is allowed to
exclude the public from service and have the notary only acknowledge company
documents during business hours.
b. Fees charged during the business day can go to the employer.
c. The notary can charge, but all the fees always go to the notary.
d. Even though the employer paid for the stamp and journal, if the notary leaves the
job for any reason, the seal journal and all notary records belong to the notary and
the notary takes those items with him/her if he/she is no longer employed by that
employer. - ANSWER: c

There are certain documents that a notary will perform notary service on that
requires that the notary have the constituent put the thumb print in the journal.
Which of the following does not require a thumb print in the journal?

Select one:
a. Signatures on a Power of Attorney
b. Notarization of a grant deed
c. When acknowledging the signature on a deed of trust or quitclaim deed.
d. If the notary is signing and sealing documents for a deed of reconveyance or deed
in a foreclosure. - ANSWER: d
If the notary is signing and sealing documents for a deed of reconveyance or deed in
a foreclosure.

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