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UPDATED: E-Signatures and Remote Online Notarization | Ballard Spahr LLP

E-Signatures and Remote Online Notarization: The Uniform Electronic Transactions Act (“ UETA”) proposed by the Uniform Law Commission (“ ULC”) in 1999 presented ways for states to effectuate electronic signatures with the same legal validity of wet ink signatures. At the federal level, the Electronic Signatures in Global and National Commerce Act (“ E-SIGN”), was passed by Congress in 2000, authorizing the use of electronic signatures and notarizations for transactions between two or more parties in all jurisdictions where federal laws apply. UETA has been adopted by the District of Columbia, Guam, Puerto Rico, and every state except Illinois and New York. While the remaining two states, New York and Illinois, have implemented their own statues addressing electronic signatures, Washington enacted UETA effective as of June 11, 2020

States Title Raises $150 Million to Modernize Home Closing Experience

States Title Raises $150 Million to Modernize Home Closing Experience Share Article Machine intelligence helps remove friction and frustration from title and escrow processes; new debt financing accelerates expansion of local resale and centralized refinance business The platform benefits lenders, real estate professionals, title agents, and homeowners, and has become even more crucial as the impacts of COVID-19 and record-low interest rates have created a huge tailwind behind home purchase and refinance. SAN FRANCISCO (PRWEB) February 17, 2021 States Title, a leading force for disruptive change in the real estate industry, today announced $150 million in debt financing from HSCM Bermuda, who has previously invested in the company. The financing follows a $123 million Series C filed last May and will be used to accelerate traction on an aggressive roadmap and market expansion to fundamentally transform the home c

Why two startups are betting on debt instead of equity – TechCrunch

When there’s a need for capital, not every startup goes the venture route. Boast.ai, a company that plugs into business systems and automatically finds them R&D tax breaks, announced Wednesday it has raised a $100 million credit facility from Brevet Capital to advance those R&D incentives. And proptech startup States Title announced it has closed […]

UPDATED: E-Signatures and Remote Online Notarization | Ballard Spahr LLP

E-Signatures and Remote Online Notarization: The Uniform Electronic Transactions Act (“ UETA”) proposed by the Uniform Law Commission (“ ULC”) in 1999 presented ways for states to effectuate electronic signatures with the same legal validity of wet ink signatures. At the federal level, the Electronic Signatures in Global and National Commerce Act (“ E-SIGN”), was passed by Congress in 2000, authorizing the use of electronic signatures and notarizations for transactions between two or more parties in all jurisdictions where federal laws apply. UETA has been adopted by the District of Columbia, Guam, Puerto Rico, and every state except Illinois and New York. While the remaining two states, New York and Illinois, have implemented their own statues addressing electronic signatures, Washington enacted UETA effective as of June 11, 2020

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