Counsellors Title Agency Recognized as Premier Agent for Fourth Year
Ralph Aponte and Counsellors Title Agency is the recipient of the Premier Agent Award for the fourth year in a row, with nearly 4,000 orders in 2020 – a new agency record. Toms River, NJ, April 01, 2021 (PR.com) Counsellors Title Agency, Inc., www.counsellorstitle.net, announced that Ralph Aponte and the agency has again been recognized by Old Republic Title Company with its highest honor, the Premier Agent Award for 2020. This is the fourth year in a row that the agency has received this commendation. Considering the demands placed upon the real estate industry in general, Counsellors Title Agency’s staff of over 40 employees and industry professionals has delivered its unwavering signature service in more transactions in the past year than in any other year since Ralph Aponte founded it back in 1996.
UPDATED: E-Signatures and Remote Online Notarization | Ballard Spahr LLP
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E-Signatures and Remote Online Notarization:
The Uniform Electronic Transactions Act (“
UETA”) proposed by the Uniform Law Commission (“
ULC”) in 1999 presented ways for states to effectuate electronic signatures with the same legal validity of wet ink signatures. At the federal level, the Electronic Signatures in Global and National Commerce Act (“
E-SIGN”), was passed by Congress in 2000, authorizing the use of electronic signatures and notarizations for transactions between two or more parties in all jurisdictions where federal laws apply. UETA has been adopted by the District of Columbia, Guam, Puerto Rico, and every state except Illinois and New York. While the remaining two states, New York and Illinois, have implemented their own statues addressing electronic signatures, Washington enacted UETA effective as of June 11, 2020
The opinion recited a few basic legal concepts that apply to these types of cases:
A
“bona fide purchaser” for value who acquires his or her interest in real property without knowledge or notice of another’s prior rights or interest in the property takes the property free of such unknown interest.
But any purchaser with
actual or constructive notice of the prior interests takes the property subject to those prior interests.
Actual notice is “express information of a fact,” while constructive notice is that “which is imputed by law.”
Constructive notice of a lien or other interest in property arises from the proper recording of that interest. However, a bona fide purchaser has constructive notice of “only those matters that could be located by a diligent title search.”
E-Signatures and Remote Online Notarization:
The Uniform Electronic Transactions Act (“
UETA”) proposed by the Uniform Law Commission (“
ULC”) in 1999 presented ways for states to effectuate electronic signatures with the same legal validity of wet ink signatures. At the federal level, the Electronic Signatures in Global and National Commerce Act (“
E-SIGN”), was passed by Congress in 2000, authorizing the use of electronic signatures and notarizations for transactions between two or more parties in all jurisdictions where federal laws apply. UETA has been adopted by the District of Columbia, Guam, Puerto Rico, and every state except Illinois and New York. While the remaining two states, New York and Illinois, have implemented their own statues addressing electronic signatures, Washington enacted UETA effective as of June 11, 2020
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