Does a notary need to act as a witness to the security agreement?

A notary can serve as a witness for a security agreement, but this is not required for the agreement to be deemed valid. However, use of a notary is recommended to ensure that proof of contract validity is available in the event of a dispute. If a notary is not available, it is important (but still not required) to sign the agreement before a non-notary witness. Ideally, security agreements will be completed before both a notary and a separate, non-notary witness. Some creditors may refuse to complete security agreements if the debtor lacks a notary and/or witness.

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