Notary for Real Estate Closing in Los Angeles

A real estate closing is one of the most significant financial transactions most people will ever experience. In Los Angeles, where median home prices exceed $800,000, having a qualified notary at your closing is essential. This guide explains the role of the notary in real estate closings, the documents involved, and how to ensure a smooth process.

The Role of a Notary in Real Estate Closings

During a real estate closing, a notary public (typically a loan signing agent) presides over the signing of all closing documents. Their responsibilities include verifying the identity of all signers, witnessing signatures, administering oaths, and ensuring documents are properly executed according to the lender's and title company's instructions.

The notary does not negotiate terms, provide legal advice, or make decisions about the transaction. They are a neutral party ensuring the paperwork is completed correctly.

Documents Notarized at a Real Estate Closing

A typical real estate closing involves dozens of documents, many requiring notarization. Key documents that need notarization include:

• Deed of trust: The primary security instrument that gives the lender a claim on the property until the loan is paid off.
• Grant deed or warranty deed: The document that transfers ownership from seller to buyer.
• Closing disclosure: Details all the financial terms of the transaction.
• Promissory note: The borrower's promise to repay the loan.
• Title transfer documents: Various documents related to the transfer of clear title.
• Affidavits: Sworn statements about occupancy, identity, and other facts.

What to Expect at Your Closing

A real estate closing in Los Angeles typically follows this process:

1. Scheduling: The title company or escrow officer arranges the signing appointment, often with a mobile notary who comes to a convenient location.
2. Document delivery: The notary receives the closing package from the title company, usually electronically, and prints the documents.
3. Identity verification: The notary checks photo IDs for all signers.
4. Document walkthrough: The signing agent guides you through each document, explaining where to sign, initial, and date.
5. Signing and notarization: Each document is signed, and those requiring notarization receive the notary's stamp and signature.
6. Package return: The notary ships the completed documents back to the title company for recording.

The entire process typically takes 45 minutes to an hour for a standard purchase and 30 to 45 minutes for a refinance.

How to Prepare for Your Closing

To ensure a smooth closing appointment:

• Bring valid photo ID: A current driver's license, passport, or state-issued ID. The name on your ID must match the name on the loan documents.
• Review documents in advance: Ask the title company for a copy of the closing disclosure at least three business days before closing.
• Confirm your name: Make sure your legal name is spelled correctly on all documents. Even minor discrepancies can cause delays.
• Have funds ready: If you owe money at closing, arrange for a cashier's check or wire transfer in advance.
• Bring a co-signer if applicable: If your spouse or partner is on the loan, they must be present with their ID.

Cost of Notary Services for Real Estate Closings

For buyers and sellers, the notary fee is typically included in closing costs and paid by the title company. The standard fee for a signing agent in Los Angeles ranges from $150 to $250, depending on the complexity of the transaction and whether travel is required.

If you are choosing your own notary or signing agent, make sure they have experience with real estate documents and carry errors and omissions insurance. Learn more about the difference between a general notary and a signing agent.

Mobile Notary for Real Estate Closings

Many Los Angeles real estate closings now take place at the buyer's or seller's home or office rather than a title company office. A mobile notary makes this possible by traveling to any location within the metro area. This is especially helpful for closings involving multiple parties at different locations or signers with limited mobility.

Find an experienced real estate notary or signing agent in your neighborhood through our Los Angeles notary directory.