Safety deposit boxes

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What are the guidelines for for notarizing safety deposit boxes in new jersey?

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Don’t understand the question. What you may mean is auditing contents of Safe Deposit boxes located at a bank and abandoned or fee unpaid by the owner. Believe the rules are state-specific, but the procedure can be very time-consuming as everything in the box has to be itemized in detail & you are there to watch, notarize signature on ‘detailed list’. Best bet is to price $X/hour.

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Agree with Arichter…with a caveat … IF it is an authorized duty in NJ. If all you are doing is notarizing the signature of a bank official, then it’s your allowed state fee plus travel and time (time being the biggest variab!e)

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you don’t notorize safety deposit boxes.

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yes, that is what I meant, the contents if boxes are abandoned, thanks.

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I have done bank drill assignments in California, it’s a day rate and the amount of work is unpredictable. I have had days when we went through two banks in 4 hours with little to document. Other assignments took several days. You start at 9 AM (few banks are open before then) take a lunch break and start again typically at 1 PM to 3:30 or 4 PM. There is no printing and lately that day rate looks better than putting in one $85 refi assignment. The notary witnesses the drilling but only that the bank employees are doing the inventory. A notary doesn’t verify the contents of the box, only that the bank employees signed the certificates. Typically there is one certificate per box whether or not there are contents and a second one if there are. I use the downtime between boxes to handle other business although phone calls are not really feasible as it’s a small space with no privacy.

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Procedure differs in Florida - here bank employees are not authorized to do the inventory - notaries go in and, in the presence of a bank official, we watch the drilling, complete the inventory, seal everything up, attach our certificate (provided by the State) and give to bank official.

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