Buying a home and applying for a mortgage; donating one’s home to one’s child; setting up a company; or making a will. What are the risks in carrying out these operations? Can one be aware of all the obstacles and pitfalls caused by constantly evolving laws that are not always easy to understand?
Our legislature is aware of this and has taken care to protect the public by requiring the involvement of a notary, a public official who by law must be impartial and therefore protect the parties in equal measure, on whom the State also relies for the collection of taxes, for economically significant activities and operations. Because transacting a sale, a loan, a gift, an act of incorporation or making a will does not mean filling out a preprinted form, but rather preparing a secure, valid deed that is unassailable over time.
To fulfil this role, the State requires that a notary have expert legal knowledge guaranteed by the passing of an open competition run directly by the Ministry of Justice, and subjects the notary to ongoing inspections by state agencies.
