Development of the banknote began in the Tang Dynasty during the 7th century, with local issues of paper currency, although true paper money did not appear until the 11th century, during the Song Dynasty.
A contract typically does not have to be notarized. A notary public (or simply notary) provides an acknowledgment that the signature appearing on the document is that of the person whose signature it purports to be. There is a requirement that some documents be notarized, such as a real property deed.
The Witnesses. Two witnesses are required to witness the Grantorâs signing of the deed. The witnesses should be in the Grantorâs presence when he or she signs the deed. The witnesses should not sign a deed that was signed by the Grantor out of their presence.