What is the purpose of binding the principal's identity during identity proofing?

The purpose of binding the principal's identity during identity proofing is to ensure authenticity through data sources. In notarial practices, establishing the identity of the principal is crucial to prevent fraud and ensure that the individual signing a document is who they claim to be. This process often involves verifying the individual against reliable data sources such as government ID, state databases, or other official records. By confirming the identity through these means, notaries can maintain the integrity of the documents being notarized and uphold legal standards.

Other options, while related to broader activities of legal or business processes, do not specifically address the primary aim of identity proofing. For instance, finalizing a contract, arranging a follow-up meeting, or preparing legal documents are all important tasks but they occur after the confirmation of identity has been established. Ensuring authenticity through data sources stands out as the central task in the context of identity proofing.