Coronavirus Action Alert #7
From The Ward Damon Real Estate Law Team and Lighthouse Title Services
By Colleen Sullivan
As Floridians continue to practice social distancing to slow the spread of coronavirus (COVID-19), everyone wants to know whether they can still close their transactions without physical contact? The answer, in short, is absolutely, thanks to Remote Online Notary (RON).
What RON is:
RON is an electronic closing platform where the signatory, witnesses and notary all handle their part of the signing process electronically via the internet using a webcam and a series of multi-tiered identity verification requirements. The final document, with digital certifications, is then used for closing just like a normal document with a wet ink signature.
How RON works:
Request an Electronic Meeting
A RON signing consists of an electronic meeting between the notary, witness(es) and signatory, in addition to the title agent when possible. After the title agent uploads the document and requests the signing, the signing client is sent a meeting link prior to the date and time of the signing, which they can (and are encouraged to) click on to review their closing documents in advance, ask questions and request changes, if applicable, prior to closing. This ensures a more efficient signing process. Continue reading
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