DID YOU KNOW: An electronic signature date stamp replaces the ‘Dated’ line

February 7, 2017

DID YOU KNOW: An electronic signature date stamp replaces the ‘Dated’ line

When a consumer completes a brokerage agreement, service contract or purchase agreement with software to secure an electronic signature, and the signature field includes a date stamp, there is no requirement to fill in the ‘Dated’ line in the final section of the form.

For example, a signature provided by dotloop identifies the date and time the signature was placed on the form, as seen below.

 

dotloopexample

When using a software to secure an electronic signature that offers a similar date stamp, the section below in red does not need to be completed. It is not incorrect if it IS completed, it is simply not required.

countersignatures

Moreover, an agreement that is received from another brokerage without the ‘Dated’ line completed, but including a time stamped electronic signature, does not need to be returned to be dated.

If you have questions on anything mentioned in this article, or in relation to the use of electronic signatures, let us know at This email address is being protected from spambots. You need JavaScript enabled to view it.

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