Ontario Allows Real Estate Documents to Be Signed Electronically

Effective July 1, 2015, changes to the Electronic Commerce Act will make electronic signatures legally equivalent to signatures on paper documents for real estate transactions. Under current rules, when a home or property is sold, dozens of hard copy documents such as offers and agreements of sale, must be signed by hand.

Allowing these transactions to be signed electronically will also make it easier to send documents electronically and save time for anyone buying or selling property, especially when the two parties are separated by distance.

To read the full announcement of the Ministry of the Attorney General press HERE

 

Samar Manuel

Samar Manuel

Sales Representative
CENTURY 21 Infinity Realty Inc., Brokerage*
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