How much is the notary bond in Florida?
Asked by: Lauren Miller | Last update: May 6, 2025Score: 4.8/5 (32 votes)
In order to apply for a notary commission and execute the duties of a notary public, you are required to obtain a $7,500 bond issued by a bonding agency authorized to conduct business in the state of Florida.
What is the $7500 surety bond in Florida?
Florida law requires all Notaries to purchase and maintain a $7,500 Notary surety bond for the duration of their 4-year commission. The Notary bond protects the public of Florida against any financial loss due to improper conduct by a Florida Notary. The bond is NOT insurance protection for Florida Notaries.
How much does a $5 000 notary bond cost?
Bond requirements vary by state, but to give you an idea of how much you will pay for your bond premium, a $5,000 Notary Bond generally costs $35 - $55 annually (including possible processing fees). You do not pay the full $5,000 bond amount. Instead, you pay a small flat rate to get bonded.
How much is a $10 000 notary bond?
In simple terms, the cost of a $10,000 notary bond typically ranges between $38 – $50 for most commission periods, varying by state and without the need for a credit check.
How much does a notary bond cost in Florida?
What is a Florida notary bond? In order to apply for a notary commission and execute the duties of a notary public, you are required to obtain a $7,500 bond issued by a bonding agency authorized to conduct business in the state of Florida. The notary bond must be maintained throughout the entire 4-year term of office.
How do I get a notary bond?
How much do Notaries make per signing in Florida?
Loan signing agents typically make between $75 and $200 per “loan signing job.” Another benefit of being an LSA is that you can often have steady work supplied to you by a relator or mortgage company.
How long does it take to get notary approved in Florida?
The State takes 2-3 business days to approve your application. Upon approval, they mail out your commission certificate to your bonding agency. Just like we hand deliver your application, we pick up your commission certificates from the Secretary of State's office directly the day they are issued.
How much is a surety bond in Florida?
How Much Does a Florida Surety Bond Cost? A Florida surety bond costs a small percentage (generally 1% - 10%) of the total required bond amount. For example, a $10,000 bond would cost anywhere from $100 - $1,000. This cost is called a bond rate or bond premium.
How much does a $25,000 surety bond cost?
The cost of a $25,000 varies mostly based on the applicant's credit score. Usually, applicants with a FICO of 650 or more pay an annual premium of 0.75% to 3% or between $188 and $750. Applicants with credit issues can expect premiums in a range between 3% to 10%, i.e. annual payments between $750 and $2,500.
Can I notarize my own signature in Florida?
(1) A person may not obtain or use a notary public commission in other than his or her legal name, and it is unlawful for a notary public to notarize his or her own signature. Any person applying for a notary public commission must submit proof of identity to the Department of State.
How much does a $20000 surety bond cost?
A $20,000 surety bond can cost as little as $150 for applicants with a good credit score, or go as high as $2,000 for applicants with poor credit. As shown in the chart above, the premium for applicants with good credit can be anywhere between 0.75% and 3% of the bond amount.
How to become a notary in Florida for free?
Aaron Notary Appointment Services, Inc. offers at no cost to you a Free Online Notary Course. Effective July 1, 2000, FIRST TIME APPLICANTS, must complete three hours online essential notary education that will enable you to understand how each procedure works and what will be your duties as a notary public.
Where is the cheapest place to get a notary?
Banks, universities, and hospitals often provide free notarization services for their clients or those in need. Q2. How can I get documents notarized at a low cost? Consider low-cost options like the post office, law firms, or online notary services like BlueNotary for affordable rates.
What is the most a notary can charge in Florida?
Yes. The state of Florida allows you to charge a maximum fee of $10.00 per notary act. You may charge $30.00 to perform a marriage ceremony in Florida. If you charge a higher fee than prescribed by law, the Governor may suspend your commission.
Can you make money as a notary?
Opportunity to make extra money
In California, notaries can charge $15 per notarial act. In Florida, Arizona, Michigan, and others, notaries can charge $10. In some states, there are no maximum notary fees set by law, so local competition sets the typical price. These types of notarizations can be quick and simple.
Are notaries in demand in Florida?
Online notary jobs in Florida offer lucrative earning opportunities by tapping into a booming digital market. With the increased demand for remote services, notaries can set competitive fees for each notarization, potentially increasing their income through volume.
What type of notaries make the most money?
Specialize in real estate closings
Make money as a notary public by becoming a loan signing agent and specializing in notarizing real estate documents. Loan signings are often more complex and command higher fees.
How much do remote notaries make in Florida?
How much does an Online Notary make in Florida? As of Jan 19, 2025, the average annual pay for an Online Notary in Florida is $48,407 a year. Just in case you need a simple salary calculator, that works out to be approximately $23.27 an hour. This is the equivalent of $930/week or $4,033/month.
What is the fastest way to become a notary in Florida?
- Step 1 - Take the three-hour Florida notary course. ...
- Step 2 - Complete the Florida notary application. ...
- Step 3- Purchase notary supplies and a notary bond. ...
- Step 4 - Mail your completed application to AAN. ...
- Step 5- Receive your notary commission certificate and supplies.
How much does a $7 500 surety bond cost?
$75,000 surety bonds typically cost 0.5–10% of the bond amount, or $375–$7,500. Highly qualified applicants with strong credit might pay just $375 to $750, while an individual with poor credit will receive a higher rate.
How much does a $25,000 notary bond cost?
Average Cost Range
For a $25,000 surety bond, the annual premium typically ranges from $250 to $1,250. The cost varies based on factors like credit score, business experience, and bond type. Most individuals with good credit scores ($700+ FICO) can expect to pay around 1% to 3% of the bond amount.
How much does a $5000 surety bond cost?
$5,000 surety bonds typically cost 0.5–10% of the bond amount, or $25–$500.