All tagged Remote Notarization
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.
In the real estate world, few stories have been quite as big as the SECURE Notarization Act with the U.S. Senate’s approval pending shortly.
On Wednesday, July 27th, the House of Representatives passed the SECURE Notarization Act. With its passage, this latest bill expands the availability of remote online notarization nationwide.
With the start of the new year, Illinois legislators passed numerous 2022 real estate laws. Some of the major new additions to the state, include the Notary Public Act, Real Property Transfer on Death Instrument Act, and the Illinois Human Rights Act.
Throughout the past couple of years, many in the real estate industry clamored for remote notarization in Illinois. Since the onset of the coronavirus pandemic in 2020, more than 4.7 million Americans worked remotely at least half the time, reaching a peak of 164.6 million people in February 2020.