1 / 8

Notarizing Documents: Purpose, Process, and Interstate Recognition

Understand the purpose of notarizing documents, including identity validation, protection against coercion, and conveying transaction solemnity. Learn about electronic and remote notarization, governing laws, and interstate recognition. Get a free ebook on remote online notarization and its impact on trust in the digital age.

lbeaver
Download Presentation

Notarizing Documents: Purpose, Process, and Interstate Recognition

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Purpose of Notarizing Documents Why We Notarize At All? • Power of Official Impartial Witness • Heightened identity validation • Shield against duress, coercion • Conveys solemnity of transaction • Evidentiary Role: Seal and a Record

  2. Electronic and Remote Notarization: Terms • “Remote” and “online” notarizations are all eNotarizations or “electronic” notarizations • An eSignature is an “original” signature • “Presence” before the notary via audio-video communication • “Identity verification” in the online world

  3. Electronic Process: Governing Law • Federal E-Sign Act • Uniform Electronic Transactions Act • Uniform Real Property Electronic Recording Act • Validity of electronic documents • A. If a law requires, as a condition for recording, that a document be an original, be on paper or another tangible medium or be in writing, the requirement is satisfied by an electronic document satisfying this article. • B. If a law requires, as a condition for recording, that a document be signed, the requirement is satisfied by an electronic signature.

  4. Interstate Recognition of Notarized Documents Interstate Recognition of Notarial Acts • Virtually every state recognizes and accepts documents duly notarized by notaries in other states • Recorders have been recording documents notarized in other states under these laws for many years • Any jurisdiction equipped to accept electronic filings can accept electronically notarized documents

  5. Legislative Map 2018-19 • States in GREENhave enacted legislation. (Those in light green await the Governor’s signature). • States in BLUE have legislation pending or are likely to introduce it in the 2019 session. • States in ORANGEhavetask forces or other working groups (formally or informally) currently in progress.

  6. Legislative Model Laws Update Model Laws: Remote Notarization • Uniform Law Commission: RULONA 2018 • Mortgage Bankers Association/American Land Title Association • NNA’s Model Electronic Notary Act (MENA) • Regulations: TX, NV, TN

  7. Interstate Recognition of Notarized Documents How It Works: Simple Demo General Demo Video https://www.notarize.com/signer/how-to

  8. FREE EBOOK The Complete Guide to Remote Online Notarization How New Laws, Technologies, and Consumer Demand Are Reshaping the Notarial Act and the Future of Trust in the Digital Age. Grab your FREE COPY 👉 notarize.com/book

More Related