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What are the benefits of using a Notary in real estate transactions?

  1. Lowering property taxes

  2. Ensuring proper document execution

  3. Speeding up the closing process

  4. Reducing closing costs

The correct answer is: Ensuring proper document execution

Using a notary in real estate transactions is primarily beneficial because they ensure proper document execution. A notary public's role includes verifying the identity of the signers and confirming that they are signing documents willingly and without coercion. This helps to prevent fraud and adds an essential layer of security to the transaction. Accurate execution of documents is critical in real estate as it can affect ownership rights, financing, and the overall legality of the transaction. The involvement of a notary ensures that all required signatures are obtained, and that parties understand the documents they are signing. This attention to detail helps avoid potential legal issues that could arise from improperly executed documents. While factors like the speed of the closing process and costs may be relevant, the primary function and benefit of a notary is in their ability to provide assurance that the documents have been executed properly.