When it comes to renting property, it’s important to have a lease agreement in place to protect both the landlord and the tenant. And in some cases, that lease agreement may need to be notarized.
What does it mean to have a lease agreement notarized? Essentially, it means that a notary public has verified the identities of the parties involved in the agreement and has witnessed the signing of the document. This provides an extra layer of authenticity and legality to the agreement.
So, why might a lease agreement need to be notarized? There are a few reasons:
1. State Requirements: In some states, notarizing a lease agreement is required by law. For example, in Georgia, the landlord and tenant must sign the lease in the presence of a notary public in order for it to be legally binding.
2. Court Admissibility: If a dispute arises between the landlord and tenant and the case goes to court, a notarized lease agreement may be more easily admitted as evidence than an unsigned one.
3. Peace of Mind: Even if notarization isn’t required by law, some landlords and tenants may choose to have the lease agreement notarized simply for added peace of mind and security.
If you need to have your lease agreement notarized, you can typically find a notary public at a bank, post office, or courthouse. You’ll need to bring a valid form of identification (such as a driver’s license or passport) and any other documents related to the lease agreement.
It’s worth noting that notarization usually comes with a fee, which can vary depending on the state and the notary public. However, the cost is often relatively small compared to the potential costs of a legal dispute without a notarized lease agreement.
In summary, while not every lease agreement needs to be notarized, it’s a good idea to check your state’s requirements and consider the benefits of added security and legal admissibility. And if you do decide to have your lease agreement notarized, make sure you follow the proper procedures to ensure it’s done correctly.