Posts Tagged ‘electronic notary’

2 computer monitors facing each other with hands sticking out to exchange a signing pad

Are you ‘RON Ready?’ Let lenders know

Is your agency set up to close transactions using remote online notarization (RON)? If so, the American Land Title Association (ALTA) is encouraging you to let lenders know by updating your ALTA Registry listing.

“RON is in high demand and lenders are actively looking for title and settlement companies that can close their loans using this technology,” the association said in a recent post. “Being RON Ready could lead to new revenue during these difficult times.”

There is no cost to be included on the ALTA Registry.

Update your listing on the ALTA Registry at: https://www.alta.org/registry/

components of digital closing

Your guide to the Digital Closing Process is here

Interest in digital closings is surging, and Alliant National is committed to making sure you stay ahead of the curve.

Today, we’re releasing to our agents a new series of handbooks exploring the elements and principles of digital closings.

Extensively researched and content-rich, Alliant National’s Components of a Digital Closing series demystifies the Digital Closing Process and its five major components: eSign, eNotary, eNote/eVault, eRecording and eCollaboration. Each handbook in this series explores one component. The purpose of the component is briefly described and placed within the context of the broader Digital Closing Process. Laws, regulations, technological requirements and specific technologies are discussed where appropriate.

This collection is designed to be a comprehensive, ready reference as the industry transitions toward the digital closing environment.

online notary

RON – What to Know About Remote Online Notary in Florida

Remote Online Notarization (RON) is a new form of notarization permitted in Florida as of January 1, 2020.

Florida’s previous notary laws required that the person signing certain legal documents and persons signing as witnesses be in the same room, that is, physically present with each another.

Florida’s new RON law allows persons to be physically outside the presence of the Florida online notary as long as the notary is located in Florida and all parties can see, hear and communicate with each other via acceptable audio-video technology.     

Although “in-person” notarizations are still by far the norm, we will continue to see RON’s growth and use as the real estate industry increasingly moves to electronic and digital technology.  

Moreover, in light of the COVID-19 pandemic, RON will increasingly become a logical alternative and preference as parties to a transaction do not have to be in others’ physical presence.  

It is important to remember that a “traditional” Florida notary cannot simply begin acting as a Florida online notary. Before acting as a Florida online notary, the notary must be successfully registered as an online notary with the Florida Department of State. This registration requires completion of a two-hour course, having certain insurance policies in place, and selection of a “RON service provider” (the technology company that provides the platform for the audio-video technology and other required obligations such as an electronic journal).      

The current major impediment to RON is its slow acceptance by large institutional banks and lenders. Other more “technology-minded” lenders are adopting RON at a faster pace. Despite the slow acceptance by the lending industry, RON will be an important part of the ongoing shift to handling real estate closings online digitally and electronically. Once fully implemented, these practices will save agents time and costs and be more convenient for all parties to a real estate transaction.

Let’s Connect

Discover more stories and conversations on our social media networks,
or drop us a line on our contact page.


The Independent Underwriter for
the Independent AgentSM