Did you know that property buyers and sellers in Utah can sign their closing documents remotely?
On March 25, 2019, then-governor of Utah Gary Herbert signed a law that permanently authorizes notarized documents for remotely-located individuals. The law and associated regulations took effect on November 1, 2019.
So what does that mean for people in Utah, and those who want to buy or sell property there but are located elsewhere? Read on for more information about remote online notarization (RON) in Utah.
Utah RON law and regulations have many of the same elements as other RON states, including:
Remote online notarization brings more flexibility in the closing process for all of a signing’s stakeholders: signers, lenders, real estate agents, title agents, and any other affiliated parties. It means that all of these stakeholders can log in to a secure platform to complete remote online notarization and eClosing.
The convenience factor is huge – particularly since RON transactions ensured that many Utah signers could do so during the height of the COVID-19 pandemic – but there are other benefits to RON. Less room for errors, shortened timelines on closings and modifications, and eliminating paper are all advantages of RON.
Learn more about how the
Editor's note: This post has been updated to incorporate recent developments since the blog post was originally published.