Concepts Definitions

• Acknowledgment: A formal declaration made before an authorized person (generally a notary public) by an individual who has executed a written instrument that it has been done voluntarily. It is a legal confirmation that the person signing a deed is really the same person and has valid authority to sign the document conveying title.

• Notary Public: An authorized official who performs acknowledgments, verifying the identity of the signatory and that the signature was made voluntarily.

• Endorsement: The act of signing on the back of a negotiable instrument, such as a check, to transfer it to another party.

• Warranty: A promise or guarantee included in a contract, such as a grantor’s promise in a deed to protect the grantee from claims on title.

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