Need a Legal And Professional Services / Notary Public Contract in New Mexico? AroundWire Can Help

Contracts for Notary Public services in New Mexico typically specify the scope of notarial acts, fees (which must comply with state-mandated maximums per NMSA 1978, § 14-12A-26), and clear terms regarding recordkeeping and confidentiality. Notaries in New Mexico are required to hold a valid state commission, maintain a $10,000 surety bond, and use a state-approved notarial seal. Contracts often mandate verification of active commission status and may require evidence of Errors & Omissions (E&O) insurance, although this is not a statutory requirement but considered a best practice to mitigate liability risks. Provisions addressing compliance with the New Mexico Notary Public Act and related administrative rules are standard, including adherence to identification protocols and journal-keeping requirements. Payment terms are generally net 30 days, but may vary by agency or client. Dispute resolution clauses typically favor mediation or arbitration before litigation, reflecting state and local preferences for alternative dispute mechanisms. Contracts may also include termination clauses for non-compliance or commission revocation and require immediate notification of any disciplinary action. Electronic notarization is permitted under New Mexico law, so contracts may address technology standards and data security obligations if remote or electronic services are involved. Overall, careful attention to statutory compliance, insurance, and detailed service specifications are key contract characteristics for this category in New Mexico.