Home      Login

Remote Online Notarization In Mortgage Loan Closings  

Author:  Joshua C. Prever.; Brian J. Goodrich.

Source: Volume 37, Number 04, April 2021 , pp.51-62(12)

Review of Banking & Financial Services

next article > |return to table of contents


Remote online notarization (“RON”) provides added efficiencies and safety for parties to mortgage closings in the COVID era. In this article, the authors provide a step-by-step description of how RON works, its growing legal acceptance, and a variety of subjects in its risks, rewards, and practical changes. They conclude with the benefits of a remote online closing of a residential Florida mortgage transaction and a case study involving a challenge to the enforcement of electronic notes and loan documents.

Keywords: RON (Remote Online Notarization); Uniform Electronic Transactions Act (“UETA”); Remote Online Loan Closings

Affiliations:  1: Holland & Knight LLP; 2: Holland & Knight LLP.

Subscribers click here to open full text in PDF.
Non-subscribers click here to purchase this article. $59

next article > |return to table of contents