Question

While on the way to a signing appointment, a Notary Signing Agent realizes that the location is outside his normal territory and he should have negotiated a higher travel fee. The most appropriate action the NSA should take is to:_______.

Answer 1

Answer: Negotiate a higher travel fee for the next assignment in that area.

Explanation: A notary signing agent refers to a notary, an independent contractor hired in other to obtain the formal signature and ensure loan documents are executed by the borrower and then returned for processing. This process is a critical part in completing real estate loan deals. As loans won't get funded without notary signing.

However, if a notary signing agent realizes that an already embarked location his outside his territory and the need for a higher fee, then, the higher negotiation fee will be for the next assignment in that territory or area.