Financial and Tax Agreements
Common Documents that may require Notarization (Domestic Use)
Affidavits of Support (financial)
These documents are often required in immigration processes to demonstrate that a sponsor has the financial means to support an immigrant. Notarization is typically required to verify the authenticity of the sponsor’s signature.
Alabama Security Commission Application for Renewal of License
This document is used by financial professionals seeking to renew their licenses with the Alabama Security Commission. Notarization may be required to confirm the identity and intent of the applicant.
Authorization to Change Account Number
This document authorizes a financial institution to change an account number, which can be critical for security and operational reasons. Notarization ensures that the request is legitimate and authorized by the account holder.
Bid Bond
A bid bond is a type of surety bond used in construction and other industries as part of a bidding process. It guarantees that the bidder will enter into the contract if awarded. Notarization is often required to validate the bond.
Claim Affirmation Form
This form is used to affirm a claim, such as an insurance claim or other financial claims. Notarization provides legal verification of the claimant’s identity and statement.
Contract to Sell / Irrevocable Power of Attorney
These documents involve significant financial transactions or authority over financial matters. Notarization ensures that these agreements are legally binding and that all parties understand their obligations.
Equipment Sale Agreement
This agreement outlines the terms for selling equipment, often involving substantial sums of money. Notarization helps confirm that both parties agree to the terms and conditions.
Financial Statements (Optional)
While not always mandatory, notarizing financial statements can add an extra layer of credibility, especially when presenting them for loans or other financial transactions.
Internal Regulatory Forms
These forms are used within organizations for compliance purposes. While not always mandatory, notarizing them can help ensure internal accountability and adherence to regulations.
Internal Financial Statement
Similar to general financial statements but used internally within organizations. Optional notarization can add credibility for audits or internal reviews.
Investment Contracts
These contracts detail investment terms between parties. Notarization ensures that all parties have agreed upon and understood these terms, providing legal protection against disputes.
Lease Agreements (for financial purposes)
Lease agreements involving significant financial commitments may require notarization to ensure both parties’ identities and intentions are verified legally.
Loan Agreements
Loan agreements outline borrowing terms between lenders and borrowers. Notarization confirms that both parties have agreed upon these terms under legal scrutiny.
Mortgage Documents
Mortgage documents involve transferring property ownership as collateral for a loan. These documents usually require notarization due to their significant legal implications.
Partial Claim
A partial claim involves settling part of a debt or claim, often seen in mortgage modifications or insurance settlements. Notarization ensures that this agreement is legally recognized.
Promissory Notes
Promissory notes are written promises to pay a specified amount of money at a future date. Notarizing these notes adds legal weight, ensuring they are enforceable in court if necessary.
Refund Election Application (Optional)
This application allows individuals or entities to choose how they receive refunds from various institutions, such as tax authorities or service providers. Notarization may be required for verification purposes.
Regulatory Form (Optional)
Regulatory forms submitted to government agencies may often need notarization to confirm authenticity and compliance with regulations.
Settlement Document
Settlement documents resolve disputes between parties, often involving financial compensation. Notarizing these documents ensures they are legally binding and enforceable.
Trust Deeds
Trust deeds transfer property into a trust as security for a loan, similar to mortgages but with different legal implications. These documents typically require notarization due to their complexity and significance.
Withdrawal & Rollover Requests
These requests involve moving funds from one account or investment vehicle to another, such as retirement accounts. Notarizing these requests helps prevent fraud by verifying the requester’s identity.
Disclaimer: This list includes common documents but is not limited to these examples. We are not licensed attorneys; we inform you for informational and educational purposes. Please contact a licensed attorney for legal advice.