Registered Agreement Vs Notary Agreement

When it comes to legal documentation, there are different types of agreements that individuals and businesses can opt for. Two common types of agreements are Registered Agreements and Notary Agreements. Both types of agreements have their merits and demerits, and it is essential to know the differences between the two before choosing one.

A Registered Agreement is an agreement that is registered with the relevant government authority. This agreement is usually signed between two or more parties and is enforceable in a court of law. Registered Agreements offer a higher level of legal protection as they are considered legal documents. They are also admissible in court and can be used as evidence, which makes them useful for settling disputes.

On the other hand, a Notary Agreement is a legal document that is signed in the presence of a notary public. The notary public is a licensed official who verifies the identities of the parties involved and confirms that they understand the terms of the agreement. Notary Agreements offer a level of authentication, but they are not considered legal documents. They are not registered with any government authority, and they are not admissible in court.

One of the main differences between Registered Agreements and Notary Agreements is the level of legal protection they offer. Registered Agreements offer a higher level of legal protection as they are considered legal documents. They are admissible in court and can be used as evidence in legal proceedings. Notary Agreements, on the other hand, offer a level of authentication, but they are not considered legal documents. They are not admissible in court, and they do not have the same legal standing as Registered Agreements.

Another difference between Registered Agreements and Notary Agreements is the cost. Registered Agreements typically cost more than Notary Agreements as they require registration with a government authority. Notary Agreements, on the other hand, are relatively inexpensive and can be signed in the presence of a notary public.

In conclusion, the choice between a Registered Agreement and a Notary Agreement depends on the specific circumstances of the agreement. If you require a higher level of legal protection and want the agreement to be admissible in court, a Registered Agreement is the way to go. However, if you need a cost-effective way to authenticate a document, a Notary Agreement may be the better option. Ultimately, it is essential to consult with a legal professional to determine the best course of action.