What does compulsory notarization mean?

The meaning of compulsory notarization is discussed as follows:

1, strong notarization, is generally considered as a notarization institution that gives the creditor's rights documents enforcement effect. Specifically, strong notarization refers to the notarization of contracts or other legal documents that may involve legal relations such as creditor's rights, debts and guarantees. And give the contract or document the force of enforcement.

2. The origin of Fu Qiang's notarization can be traced back to the provisions of the Notary Law of China. According to the law, notaries can give the creditor's rights documents compulsory enforcement effect, but they should abide by the provisions of laws and regulations. This provision provides a legal basis for authorized notarization.

3. Compulsory notarization plays an important role in practice. First of all, it can help creditors realize their claims more conveniently and effectively. After the creditor obtains the creditor's rights document with strong notarization effect, the debtor fails to perform his obligations.

4. Creditors can directly apply to the court with jurisdiction for enforcement without going through lengthy litigation procedures. This greatly simplifies the process of realizing creditor's rights and improves efficiency. Authorized notarization can also reduce transaction costs. Because of its strong notarization, creditors need not worry about the debtor's malicious breach of contract.

5. This reduces the transaction risk that creditors need to bear, reduces unnecessary disputes and lawsuits, and thus reduces the transaction cost. Compulsory notarization can also improve the credibility of the contract. Because the notarized creditor's rights documents have the force of enforcement, they can improve the credibility of the contract and make both parties more willing to perform the contract.

Characteristics of creditor's rights

1. Creditor's rights are creditor's rights. Creditors can only ask the debtor to act or not to act, but cannot directly control the debtor's person or other property. Creditor's rights are relative rights. Creditors can only demand payment from specific debtors, and creditors cannot demand anything from other third parties.

2. Creditor's rights are equal. In a debt relationship, creditors enjoy the same rights and assume the same obligations. Creditor's rights are arbitrary. Both the content of creditor's rights and the content of debts can be arbitrarily agreed by the parties within the scope permitted by law.