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Updated over 3 years ago on . Most recent reply
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Wet vs digital signature for lease?
From what I read digital signatures hold the same weight as wet signatures. What say ye, do you allow digital signatures or prefer wet signatures for leases and why?
The use of wet, electronic or digital signatures is left to the discretion of each party. Since the Electronic Signatures in Global and National Commerce Act (ESIGN) went into effect in 2000, digital and electronic signatures have held the same legal standing as wet signatures. Nevertheless, some organizations and individuals still prefer handwritten signatures.
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Originally posted by @Jack B.:
From what I read digital signatures hold the same weight as wet signatures. What say ye, do you allow digital signatures or prefer wet signatures for leases and why?
The use of wet, electronic or digital signatures is left to the discretion of each party. Since the Electronic Signatures in Global and National Commerce Act (ESIGN) went into effect in 2000, digital and electronic signatures have held the same legal standing as wet signatures. Nevertheless, some organizations and individuals still prefer handwritten signatures.
We utilize digital signatures whenever we can. Almost 100% of our company's $200M+ in sales transactions have been executed via digital signature.