What to Expect During a Remote Closing

¥ The title company prepares the required documents,
and then emails or uploads them to an online portal.
¥ The title company verifies personal information
and identification by video.
¥ Buyers and Sellers sign documents electronically.
¥ The Notary Public uses audio-video conference
technology to notarize a signerÕs electronic
signature on electronic documents.

*The ability to close remotely also depends on the buyerÕs lender, and some donÕt
have the technology to offer a fully virtual closing or work with buyers in states
that donÕt allow them, says Tendayi Kapfidze, chief economist at LendingTree.
ÒMost lenders are working toward trying to make this happen, lobbying to get laws
in place to allow this, and focusing on how they can make mobile closings with
notaries more safe,Ó he says.

23 states, including Florida, have remote online notarization policies

Source: realtor.com