[WSBARP] RON -

[nestor at pplsweb.com]

I just got this from the American Land Title Association:

 

 <http://lists.altalists.org/t/677415/2746850/22403/5/> Senators Introduce
ALTA-supported Federal RON Bill
U.S. Senators Kevin Cramer (R-N.D.) and Mark Warner (D-Va.) introduced on
Wednesday the Securing and Enabling Commerce Using Remote and Electronic
Notarization Act of 2020, which permits immediate nationwide use of remote
online notarization (RON) with minimum standards and provide certainty for
the interstate recognition of RON. While RON won't be available for every
transaction, it does provide another closing option in some circumstances.
"With the need for social distancing to help prevent the spread of the
virus, we want to provide options to consumers to close their transaction
remotely nationwide," said Diane Tomb, ALTA's chief executive officer. "The
strong standards in this bill are important to prevent fraud and offer
consumers a more secure alternative rather than FaceTime or Skype when
buying property or refinancing a mortgage."

 

Nestor Gorfinkel, Attorney at Law

Licensed in Washington & Florida

Florida Civil-Law (International) Notary

 

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