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Latin American notary public model to be introduced in Armenia
news.am
July 04, 2012 | 15:32
YEREVAN. - The Latin American notary public model will be used in
Armenia, and this means the notary public will bear 100-percent
responsibility for the documents he/she notarizes, Justice Minister
Hrayr Tovmasyan stated, during Wednesday's Cabinet meeting, while
submitting for the Government's approval the list of events stemming
from the notarial reforms concept.
`The person must be certain that he/she will not lose a cent as a
result of the notarized transaction. And if something is not done as
should be, the person responsible is the notary public,' explained
Tovmasyan.
In his words, other notary public-related reforms likewise will be
conducted in Armenia.
And in response to Finance Minister Vache Gabrielyan's remark that in
this case the notary public service fees could increase, Hrayr
Tovmasyan said that the fees indeed will increase because the notary
public cannot bear 100-percent responsibility within the current
service fees.
news.am
July 04, 2012 | 15:32
YEREVAN. - The Latin American notary public model will be used in
Armenia, and this means the notary public will bear 100-percent
responsibility for the documents he/she notarizes, Justice Minister
Hrayr Tovmasyan stated, during Wednesday's Cabinet meeting, while
submitting for the Government's approval the list of events stemming
from the notarial reforms concept.
`The person must be certain that he/she will not lose a cent as a
result of the notarized transaction. And if something is not done as
should be, the person responsible is the notary public,' explained
Tovmasyan.
In his words, other notary public-related reforms likewise will be
conducted in Armenia.
And in response to Finance Minister Vache Gabrielyan's remark that in
this case the notary public service fees could increase, Hrayr
Tovmasyan said that the fees indeed will increase because the notary
public cannot bear 100-percent responsibility within the current
service fees.