Canada Property News

Electronic signatures in pipeline for Ontario real estate transactions

by Mark Benson on November 20, 2014

Electronic signatures in pipeline for Ontario real estate transactions

Electronic signatures in pipeline for Ontario real estate transactions

In a sign of the times, the Ontario authorities in Canada have issued a statement today confirming speculation that they are looking at esignatures as a means of completing real estate transactions. While the idea of electronic signatures on official documentation is not new, it is not something which is widely advocated in the real estate industry. Indeed, the vast majority of financial investment markets have shied away from electronic signatures as a means of closing deals.

So, what have the Ontario authorities got in mind and will they be able to prevent potential fraud? [click to continue…]

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