Will COVID19 accelerate the move to e-Notarization?
Updated: May 4
USA is saying YES.
Notarization is a key part of the real estate transaction process. Through notarization, a notary verifies the identity of a document signer through a variety of methods. Traditionally notarization was done in person; however, over the last few years, innovations in technology have led more states to create laws allowing for notarizing through video or other methods.
While nearly half of states around the country allow some form of remote online notarization, 55% still don't. As governments ask us to limit in-person contact during the COVID-19 outbreak, many people are wondering how documents, including loan and real estate transfer paperwork, can get notarized. Allowing remote notarization through video or the use of remote notarization services could be the answer.
This article was first published on Fool.com by Deidre Woollard,