Remote Online Notarization: 5 Exciting Ways It Revolutionizes Real Estate
Remote online notarization is the process of having a licensed notary notarize a document with electronic signature technology. Systems implement verification techniques to complete the process securely. Techniques such as identity verification, audio and visual, and secure digital record-keeping.
5 Ways Remote Online Notarization Will Affect Real Estate
Why is process so innovative for the real estate industry? Because it's a faster and more convenient notary process without giving up security or identity fraud risks. Here are 5 additional ways that online notarization is shaping real estate.
1. Propel Use of Digital Documents and Organization
Remote online notarization makes use of digital documents and scheduling tools to keep notaries organized and on time. These tools promote greener business practices by eliminating the need to use or mail paper documents.
2. Remote Online Notarization Promotes More Accuracy and Less Fraud
Despite fears surrounding remote online notarization, the process is actually very secure. Online notarization avoids errors, with tools that flag notaries when a signature is missing.
Therefore, these digital tools make the process less error-prone and, using cybersecurity technology for identity and credential analysis, more secure.
3. Faster Turnaround Time on Important Documents
Simply, remote online notarization makes the entire process quicker. Because it eliminates the need to set appointments, wait for them, and risk having to cancel and do it all over again.
Instead, a notary can get to it as soon as they can and have the signed documents back as soon as the same day.
4. More Access to More People
Like scheduling doctor’s appointments or going to the post office, scheduling an appointment with a notary can be difficult for those of us who work typical weekday hours. Remote online notarization removes this issue and the entire process can be completed over digital means without the need for anything face-to-face.
This mode of notarization makes it more accessible to more people who might have restrictions on travel, health issues, or other reasons they may struggle to meet in person.
For legal guidance on remote online notarization, schedule an appointment with the real estate attorney at Lee Scott Perres, P.C.
