May 20, 2024

How Does RON Work In A Real Estate Transaction?

Real estate deals can be a hard thing to navigate.

How Does RON Work In A Real Estate Transaction?

Real estate deals can be a hard thing to navigate. This is made even more difficult when you are dealing with a situation where all of the parties are in separate locations. The required legal documentation has to be notarized and, as such, you need a qualified notary to be present. Luckily, with the assistance of modern technology, you are able to sit in a room with your buyer or seller and notary without needing to leave the comforts of your home. Learn more about how remote online notarization services can help you with your next real estate transaction and contact Notarized today for more information.

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A Necessary Notary

The main contribution that a remote online notary has to any real estate transaction is that they are a qualified individual that will give legal binding to the agreement between a buyer and a seller. This is crucial, especially when you consider the possibility of legal discrepancies in the future. You can make sure that you are protected from future litigation by ensuring that a remote notary is present during the conclusion of the transaction.

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Reviewing Required Information

Obviously, not everyone possesses the understanding of the legality of a document in the world of real estate transactions. A remote notary is there to make sure that, outside of the specific terms of the agreement, that all parties involved in the situation have provided the necessary signatures and information to make the documents legally binding and will ensure that they hold up in court.

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Flexible Timing

It isn’t always an easy process to get every party involved in a real estate deal in the room at the same time to sign the necessary documents that seal the deal. A remote notary makes this situation much easier by allowing for easier access to everyone involved on a flexible timeline. You don’t have to meet in a single location in order to ensure that the transaction is legally binding and complete — you can simply hop on your computer and finish the sale from anywhere.

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Preventing Fraud

While it is nice to believe that everyone that we engage in during real estate transactions is legitimate and has all of the parties’ best interests at heart, the truth is that some people try to take advantage of others during complicated transactions. A remote online notary is there as a form of protection for everyone involved. They check identification, ensure that the documents signed are original, and even check to be sure that neither party involved is signing documents under duress. It is a necessary form of protection in the real estate industry.

It is no longer necessary to be in the same room as all of the parties involved in a real estate transaction. When you utilize online notary services, you can make sure that the process is made as simple as possible, even if you are on different sides of the world. Contact Notarized today to learn more about virtual notary services today!