ELECTRONIC DOCUMENT SIGNING COMPLIANCE
Updated: Apr 19, 2019
Face it. Printing, signing and scanning documents into PDFs is tedious and passé. Because physical closings are now rare, getting documents signed and compiling the signatures into a complete set of documents is tougher and tougher. The obvious solution is electronic document signing.
The legality of electronic document signing is, however, not as simple as the solution might indicate. There are differing consent and disclosure requirements that apply. They are basically split into three groups. The majority of states that have adopted a law called UETA that do not require consumer consent and disclosures that the federal E-SIGN law requires. 15 states that have UETA but keep the federal consumer consent and disclosure requirements. Three states that have not adopted UETA. Of course, there is the federal E-SIGN law which requires consumer consent and disclosure.
The simple solution is to find and use an electronic document signature software product that complies with E-SIGN. That product will meet all of the different standards that might apply guaranteeing your documents are binding.