[WSBARP] Online Notary Services

[Kary Krismer]

Stewart Title/Escrow is apparently offering online notary services. It 
sounds like a combination of electronic signatures and video 
conferencing, and it’s apparently accepted by Freddie and Fannie, but I 
suspect some lenders won’t allow it even on those loans.

I could see this would be very convenient in almost every situation, in 
part due to the fact that the electronic signature process would speed 
things up considerably.  But I'm not so sure about accepting a warranty 
deed signed and notarized electronically.  What are other peoples' 
thoughts?  Is it worth adding a clause to a P&S contract saying the deed 
cannot be signed electronically?

http://view.exacttarget.com/?qs=8c21b6d924e5d59a8506076ce416dabaa9fcdedd1ca05df02802e4eacbcc1e223aa46e329b518721c56321ac1000cad908e0820d55544931c18c1d114b79ee114e89b1d829d1d88b

Kary L. Krismer
John L. Scott/KMS Renton
206 723-2148

On 1/24/2018 8:24 AM, Jay Goldstein wrote:
>
> QT is the way to go—we handle a fair volume of real estate contracts 
> and from time to time need to quiet title when seller has not provided 
> fulfillment deed and passed on.
>
> Jay A. Goldstein
>
> Of Counsel
>
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> *From:* wsbarp-bounces at lists.wsbarppt.com 
> [mailto:wsbarp-bounces at lists.wsbarppt.com] *On Behalf Of *Scott Hildebrand
> *Sent:* Tuesday, January 23, 2018 9:33 PM
> *To:* 'WSBA Real Property Listserv' <wsbarp at lists.wsbarppt.com>
> *Subject:* [WSBARP] Real Estate Contract and Ownership
>
> In Washington, we hardly ever deal with these things, so I thought I 
> would throw it out to the group.
>
> I have a client who is trying to buy a house from someone who is the 
> heir of the owner who gave a real estate contract to the current 
> purported owner of the property.
>
> The purported owner has recorded no deed, but has recorded a real 
> estate contract which includes phrasing that, upon completion of the 
> payments, the buyer will receive a fulfillment deed.
>
> Apparently, something has gone wrong and the party granting a real 
> estate contract wants to renig and sell to my client. They are arguing 
> that the purported owner does not hold title because he never recorded 
> a deed.
>
> I recall, from those many years ago, that a real estate contract or a 
> “contract for deed” gives all the trappings of ownership to the buyer, 
> they just do not get a deed until their obligations are fulfilled, 
> correct?
>
> So the question is, can I file a quiet title action to establish 
> ownership in the party granting the real estate contract. Methinks the 
> answer is no..no??
>
> Thanks in advance,
>
> Scott Hildebrand
>
>
>
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