Effective July 1, 2015, buyers and sellers in Ontario will be able to use electronic signatures on agreements of purchase and sale.
This was made possible by the recent proclamation of an amendment to the Electronic Commerce Act, 2000.
Electronic signatures on agreements of purchase and sale will help improve transaction efficiency by reducing the time required to complete a deal, help improve the consumer’s experience and save REALTORS® time and money.
The Ontario Real Estate Association (OREA) advocated vigourously over the last five years to have e-signatures become a reality for real estate transactions in the province of Ontario, and are to be commended for their efforts.
Go to http://rahb.ca/memberinfo/2015/electroniccommerceact.pdf.
Special Professional Development course offering!
As of July 1, 2015, electronic signatures are permitted on Agreements of Purchase and Sale. Learn more about electronic signatures in this important session.
Go Paperless
Tuesday, July 28, 2015
10 a.m. – Noon
Cost: Free
RAHB – McCullough Room
Click here for information and registration or contact Angela (angelam@rahb.ca) or Camryn (camrynh@rahb.c).