Buying or selling a home can be a very complex process and typically involves a large number of documents that must be signed by all of the parties involved in the sale. Traditionally each of these documents was required to be signed in person in order for them to be considered a legally binding contract. Today the electronic signature has made it possible for the documents to be signed digitally and transmitted via email to each party for their signatures to be added.
Under the ESIGN Act and the UETA law all electronic signatures that have been obtained online via a Certificate Authority such as Digi-Sign are considered legal in a court of law and are legally binding. For the buyer or seller who is not located in the same town as the real estate transaction is taking place, this can prove to be very convenient and it can significantly speed up the process.