Ticor Title takes pride in informing our clients and associates on the very latest regulatory measures that affect consumers. Take for example, the latest change to statutory certificates through Senate Bill 1050.
Senate Bill 1050 is the latest change to the form and wording of the statutory certificates of acknowledgment, jurat and proof of execution prescribed under California law in recent years. The purpose of this new law is to cut down on fraud.
SB 1050 adds a prescribed consumer disclosure to each of these certificates. The wording of the disclosure, which is identical for each of the three certificates, reads: “A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.”
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