DOES a notarized document become a binding contract?

DOES a notarized document become a binding contract?
The notary seal and notary's signature does not make a document a binding contract. The signatures on a contract can be notarized. However, when a document if notarized, the notary is simply stating that to the best of their knowledge the signature is that of the person signing the document. In other words, the notary verifies a signature that they witness. A contract would be binding once the participants sign it in front of the notary and the document is notarized.