>>> What I don't like about the system is it is impossible for the borrower to sign with a digital signature, only with a pen. <<<
What about all the other "special" situations? Like, signing with a POA, or as Trustee, or with a mark (X) or with a signature facsimile stamp? All these conditions must be taken into consideration when doing electronic notarizations. Just like there is at least one exception to every rule, there will be exceptions to electronic notarizations.
How will modifications and annotations to notary certificates be accomplished? It's going to be pretty difficult to attach a loose certificate to an electronic file or change the wording in an existing certificate to meet state requirements.
I'm all for technology, but there are some things that are better left alone because there are just too many variables, nuances and differences in the way things are done. Technology can only follow standardization. Standardization has to be universally accepted to be functional. Can all the different notary laws be standardized? (I don't want to say federalized, but each state would have to buy into a standard.) |
