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Notary Clarification?

Can anyone tell me the difference of the notary in Boquete at the Muni and the notaries in David.  Why am I told to go to David to use that Notary over the one who is local..  Why all the inconveniences?   All I need is a simple mortgage document for the States witnessed.  Me Confused!  

Arn't all Notaries created equal?

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Replies

  • Good Morning 

    The municipal notary of Boquete can only authenticate documents with a value up to 5 thousand dollars, (from 0 to 5 thousend)  if it is for a mortgage, the most convenient is that you get it done in any of the notaries in David, where by circuit level  they can authenticate a value from zero without restriction To a higher number. 

    IRMA 

    Keepitsimplepanama@gmail.com 

    At your service. 

  • I've been told the local Notary can only notarize things that have a dollar value less than $250

  • There are different levels of Notaries, with some having more authority than others.

    If you want to know why it's necessary to go to David, you'll need to ask the person who gave you that advice.

    • Authority to do what? Don't notaries just attest to the fact that you are who you say you are? Why should there be "levels" of notaries? I do know that the ones in David are political appointees who charge exorbitantly just to witness signatures, but the question recurs, "How are they different?" And all that money doesn't guarantee that they're error free. One forgot to sign the seal of the envelope containing Irene Haines' will, thus invalidating the will and causing headaches and hardship for her executor and heirs.
      • As far as I know,

        Municipal Council secretaries in Panama can witness a signature being made by a person standing in front of them.

        Notaries can verify a signature from a person's I.D. without their presence. Notaries also write most contracts for lawyers.

  • Good question. I, too, would like to know the answer.
  • David,

    Make sure that the mortgage company will accept a document notarized by a Panamanian notary.  In addition to the Panamanian notarization, they may require that you have the document apostilled in Panama to verify that the notary is legitimate.

    Another option is to have the document notarized at the US embassy in Panama City.  Those are a bit pricier than the mayor's office at $50 each.

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