Virtual Closings
Legal advancements: as of January 1, 2020, Remote Online Notarization became legal in Florida, meaning real estate documents can now be remotely notarized online. However, there are a few caveats. First, the signer must have a device with video and audio capabilities (PC, laptop, or tablet with webcam and microphone). The use of a smartphone is not the preferred method for online notarization. Second, the signer must have access to high-speed internet. Third, the signer must answer correctly certain personal questions asked by the online notary to verify the signer’s identity. In addition, many lenders are not yet allowing their mortgage documents to be e-notarized.
Dunlap Moran works with several third-party e-notary platforms that are fully functional to allow documents to be correctly and legally e-notarized. Please call or email us for more information if you are interested in utilizing this service for your transaction.
Technology advancements: we all welcomed the advent of the “e-signature”. Contracts, closing documents, closing statements, etc. can now, in many cases, be e-signed. When combined with e-notarization, this can result in an entire closing being conducted online! Dunlap Moran uses efficient and intuitive technology for e-signing, making the execution of documents very simple. You can even e-sign documents from your phone (however, see above regarding e-notarization from your phone). Dunlap Moran also has top of the line videoconferencing technology in our conference rooms allowing for live attorney consultations and in-office signings to be joined by Realtors, lenders and other relevant parties from remote locations.
Call us to schedule your virtual closing today!