Errors and omissions can occur due to the complexity of the transaction and the related title process. As a result, it becomes important to have all documents notarized. It at least assures that professionals have scrutinized the transaction documentation throughout the process.
Notaries, like other professionals such as lawyers, accountants, architects and doctors, have an exposure to liability for the services they perform. In the case of Notaries, state statutes uniformly affirm that a Notary has unlimited financial liability to the public harmed by an error or omission committed by the Notary.