E-Signatures in the Real Estate World: There’s More to it than the Technology Enables & the Law Allows

  • June 20, 2001
  • • Written by: Bill Brice

Summer 2001, Vol 26, No 2

Abstract: With the passage of the U.S. federal E-SIGN bill, which took effect October 1, 2000, much attention has been paid to the fact that electronic signatures are now possible and hold great promise for completing transactions electronically. Electronic signatures will allow real estate transactions, traditionally slowed down by endless paper trails, to take place online. With just a few clicks of the mouse, documents such as mortgage applications, bids, and more can be completed and approved in real time. However, the new technology products being generated as a result of the E-SIGN bill actually raise more questions for business deployment than they resolve.