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Updated over 3 years ago on . Most recent reply

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Jack B.
  • Rental Property Investor
  • Seattle, WA
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Wet vs digital signature for lease?

Jack B.
  • Rental Property Investor
  • Seattle, WA
Posted

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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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
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.

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