The Notary Payment Agreement serves as a crucial document in establishing clear financial arrangements between notaries and their clients in England and Wales. This agreement becomes necessary when engaging notarial services for document authentication, certification, or other official acts. The document ensures transparency in billing practices and compliance with regulatory requirements, while protecting both parties' interests. It typically includes detailed fee structures, payment terms, and service specifications, adhering to the standards set by the Faculty Office and relevant notarial practice rules.
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1. Parties: Identification of the notary and client including their full legal names, addresses, and registration details where applicable
2. Background: Context of the agreement and relationship between parties, explaining the purpose of the notarial services
3. Definitions: Key terms used throughout the agreement including 'Services', 'Fees', 'Working Day', and other relevant definitions
4. Services: Detailed description of notarial services to be provided, including scope and nature of services
5. Fees and Payment Terms: Fee structure, payment schedule, methods of payment, and consequences of late payment
6. Obligations of the Parties: Responsibilities and duties of both notary and client, including documentation requirements and cooperation
7. Term and Termination: Duration of agreement and circumstances under which either party may terminate the agreement
1. Cancellation Rights: Consumer cancellation rights for distance contracts, including 14-day cooling-off period where applicable
2. Anti-Money Laundering Provisions: Requirements for client identification and verification in compliance with AML regulations
3. Confidentiality: Additional provisions regarding the handling and protection of confidential information
4. Force Majeure: Provisions dealing with circumstances beyond parties' control that may affect service delivery
1. Schedule 1 - Schedule of Fees: Detailed breakdown of fees for different types of notarial services
2. Schedule 2 - Service Level Agreement: Specific performance standards, timeframes, and service delivery expectations
3. Schedule 3 - Data Processing Agreement: Details of personal data handling procedures in compliance with UK GDPR
4. Schedule 4 - Cancellation Form: Standard form for clients to exercise their cancellation rights where applicable
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