Business, Free News Articles

NotaryCam CEO Rick Triola Praises ALTA, MBA and NAR for Issuing Model RON Executive Order

NEWPORT BEACH, Calif. -- NotaryCam(R) Founder and CEO Rick Triola today hailed the efforts of the American Land Title Association (ALTA), Mortgage Bankers Association (MBA) and National Association of Realtors (NAR) to provide guidance and standardization for states seeking to temporarily authorize the use of remote online notarization (RON) for real estate closings. To date, all but seven states have some form of RON legislation or executive order in effect.

"NotaryCam has observed first-hand for some time the simplicity, security and convenience RON brings to the real estate closing ceremony, and while we wish the circumstances surrounding this joint effort were quite different, we applaud these trade groups for banding together to provide states with the necessary language to fortify the legal underpinnings of remotely executed notarial acts and provide real estate professionals with a measure of standardization regarding the particulars of these orders," Triola said.

"Prior to the onset of the COVID-19 pandemic, only 22 states had passed RON legislation, and even fewer had those laws in effect at that time. Thus, the majority of states had to pass temporary executive orders to allow the notarial act to be completed remotely in some form or fashion, many of which only authorized remote ink notarization (RIN) rather than RON," Triola continued. "While RIN provided a necessary stopgap early on, it is not a scalable or sustainable solution, particularly for real estate transactions. With COVID-19 cases continuing to rise and a vaccine still a distant possibility, states would be well advised to extend and expand their current orders to make RON the de facto method of document notarization for the near future."

The MBA has developed a RON Resource Center, which includes the model executive order as well as a sample letter for governors explaining the benefits of RON and an FAQ on the model state executive order. To access the resource center, visit https://www.mba.org/audience/state-legislative-and-regulatory-resource-center/remote-online-notarization.

About NotaryCam

After pioneering the world's first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 146 countries. The company's patented eClose360(R) platform delivers the "perfect" online mortgage closing in every jurisdiction and supports all eClosing scenarios - RON, IPEN or Hybrids - with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

*LOGO Link for Media: https://www.Send2Press.com/300dpi/18-0607s2p-notarycam-300dpi.jpg

Related link: https://www.notarycam.com/

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Business, Free News Articles

IDS Applauds Mortgage, Real Estate Industry Trade Groups for Their Development of Draft Model Remote Online Notarization Executive Order

SALT LAKE CITY, Utah -- IDS Vice President and General Manager Mark Mackey today commended the Mortgage Bankers Association (MBA), American Land Title Association (ALTA) and National Association of Realtors (NAR) for the groups' development of a draft model remote online notarization (RON) executive order to bring consistency to the various temporary measures non-RON-approved states have issued as a result of the COVID-19 pandemic.

"The challenges of conducting in-person real estate closings during the pandemic have certainly highlighted the need for a legal, remote option for document notarization, and while states have done their best to create temporary solutions to address this issue, the mortgage and real estate industries can still greatly benefit from better standardization across these temporary orders," Mackey said. "As the three groups representing the interests of the major players in the real estate transaction - mortgage lenders, title/settlement companies and real estate agents - these entities are uniquely suited to craft a model that addresses the specific challenges of implementing RON for real estate transactions, and on behalf of IDS, I would like to extend my sincere thanks to these groups for addressing this issue head-on."

As noted in a July 1 article in MBA NewsLink, the MBA's official electronic publication, "The model executive order, designed for use by state governors, proposes legal protection of remote notarizations to preserve the public's health and well-being in light of COVID-19. The order emphasizes use of electronic documents and virtual communications to satisfy the legal requirements of notarizations." The draft model also seeks to provide greater legal certainty for mortgage transactions conducted using remote ink notarization (RIN), which many states opted to approve in their respective temporary authorizations rather than RON.

"While RON is certainly the preferable of the two methods, it is easy to see, in light of the larger implementation hurdle RON presents, why states would opt for RIN in their initial round of temporary measures," Mackey added. "However, states should view RIN as just that - a temporary measure to help address immediate concerns - while also committing to the goal of putting the legislative mechanisms in place to make RON the long-term solution."

For more information on the draft model RON executive order, visit the MBA RON Resource Center at https://www.mba.org/audience/state-legislative-and-regulatory-resource-center/remote-online-notarization.

About IDS, Inc.

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include eSignatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regard to major industry compliance changes. (https://info.idsdoc.com/)

Related link: https://info.idsdoc.com/

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Business, Free News Articles

NotaryCam Offers Free RON Services for Current, Retired Military Members over Memorial Day for Its ‘Help a Hero’ Initiative

NEWPORT BEACH, Calif. -- NotaryCam(R), the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it would once again offer free remote online notarization (RON) sessions to United States veterans and current service members over the Memorial Day holiday weekend as part of its semi-annual "Help a Hero" initiative.

The event will run Friday, May 22 through Monday, May 25, 2020 allowing active duty and retired service members to connect to a live notary public via NotaryCam's secure virtual signing room to legally notarize, sign and execute documents and agreements online from anywhere in the world.

"NotaryCam has always been a proud supporter of our retired and active duty service members and is honored to be able to offer this token of our appreciation to all who have served and continue to serve our country," said NotaryCam founder Rick Triola. "We can't repay those who serve our country, but we can and will show our appreciation by offering our remote online notarization services to military members at no charge this Memorial Day."

Since 2013, NotaryCam has held its Help a Hero promotion for Memorial Day and Veterans Day. Current U.S. military service members and veterans who wish to take advantage of this offer need only notify their notary and present a valid military or Veterans ID card during the promotion. USAA, Navy Federal Credit Union and Pentagon Federal Credit Union members are also eligible for the promotion. For more information, please visit https://www.notarycam.com/.

About NotaryCam

After pioneering the world's first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 146 countries. The company's patented eClose360(R) platform delivers the "perfect" online mortgage closing in every jurisdiction and supports all eClosing scenarios - RON, IPEN or Hybrids - with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

Related link: https://www.notarycam.com/

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Business, Free News Articles, Software

Remote Online Notarization Taking Hold in Florida, NotaryCam Reports

NEWPORT BEACH, Calif. -- NotaryCam(R), the pioneering leader in online notarization and original provider of mortgage eClosing solutions, announced it has observed a significant increase in remote online notarization (RON) adoption and utilization for real estate transactions in Florida over the past three months. Since January 1, which is the date Florida's RON law went into effect, the company has experienced a 100% month-over-month increase in RON closings.

"With such a high concentration of property transactions being executed by out-of-state residents, Florida represents a great use case for RON," said NotaryCam Founder and CEO Rick Triola. "Our volume of Florida RON closings is doubling almost every other day, and we have signed hundreds of new partners in the past three months. We're thankful that Florida real estate professionals have embraced RON quickly and whole-heartedly to enable their clients' transactions to proceed faster and smoother than ever before."

According to the Florida Realtors(R) association, international buyers accounted for 36,400 of all existing home sales in the state between August 2018 and July 2019, which represents $16 billion in volume. The association also estimates that the vacation/rental-home business accounted for $27.4 billion in sales within the state in 2018. In addition, Florida also has four out of the top 10 cities on the U.S. News & World Report "Best Places to Retire" list for 202), including Fort Myers at No. 1, Sarasota and No. 2, Port St. Lucie at No. 5 and Jacksonville at No. 6.

For Florida-based real estate closing attorney and NotaryCam client Jordan Lulich of Lulich Attorneys and Consultants, the availability of user-friendly technology has made RON a popular option with clients across all demographics.

"We have started offering digital real estate closings to Florida sellers and buyers. I thought this would only be popular among younger clients. However, to my surprise, even older clients have been able to successfully complete the closings through NotaryCam," Lulich said. "The technological support and guidance that is offered is really top notch, and I have only heard positive feedback from the real estate agents and clients that I work with. We continue to push all of our clients to close digitally as it makes the process easier for everyone."

"I have been part of many closings where I've had clients close in other states or areas, but never live," said Robenson Juste, a broker associate at EXP Realty and based in Indian River County, Fla., which includes Vero Beach. "Mr. Lulich was able to do an online closing with the seller. This process with Mr. Lulich was very smooth and effortless. It created a unique digital experience where we all shared the joy together even though we were all in different places, creating one happy seller experience."

"I have had on two different occasions clients who were not able to attend the in-person closings at our office," said Michael Salazar, a Miami-based broker with Luxury Property Realty. "Rather than stress about ensuring the mobile notary would be able to accommodate a mail away closing, we scheduled an online closing through NotaryCam. I was nervous at first because I can be old school in terms of having in-person closings. However, to my surprise, the process was so smooth, and even my elderly clients seemed to enjoy it. Now, whenever we get the chance, I always try to do an online closing because I enjoyed it so much"

Additionally, according to Lulich, the increase in RON activity was especially pronounced during March and into April with in-state buyers and sellers due to concerns and regulations surrounding COVID-19.

"For the past six months, I have been passionately talking about RON closings only to be faced with skepticism and reluctancy," Lulich explained. "However, now clients, customers and vendors are flocking to have their closings completed digitally. RON closings will be extremely useful and more popular in the coming weeks in light of Florida Governor Ron DeSantis' stay-at-home order issued on April 1."

On March 18, U.S. Senators Mark Warner (D-Va.) and Kevin Cramer (R-N.D.) introduced Senate Bill 3533, also known as the SECURE Notarization Act, which would legalize RON nationwide. The bill was introduced in response to the COVID-19 pandemic, which has prompted several states and municipalities to issue "shelter-in-place" or "stay-at-home" orders and individuals to practice social distancing in an effort to slow the spread of the disease. In addition, many states have also issued temporary RON provisions to address the challenges of conducting in-person notarization transactions during the pandemic.

"Given the current climate, in-person closings simply are not an option for the foreseeable future," Triola added. "As Florida has demonstrated, the ability to conduct real estate closings remotely is critical to preventing this sector from grinding to a complete halt. NotaryCam applauds all efforts to make RON an option in all 50 states."

About NotaryCam

After pioneering the world's first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 146 countries. The company's patented eClose360(R) platform delivers the "perfect" online mortgage closing in every jurisdiction and supports all eClosing scenarios - RON, IPEN or Hybrids - with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

Related link: https://www.notarycam.com/

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Business, Free News Articles, Government

NotaryCam Approved to Provide eNotary, RON Services for Michigan Notaries

NEWPORT BEACH, Calif. -- NotaryCam®, the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it has been approved by the Michigan Department of State to provide both eNotary and remote online notarization (RON) services to the more than 113,000 notaries public registered in the state.

Michigan Secretary of State Jocelyn Benson noted in a joint announcement regarding the availability of eNotary/RON and online voter registration, "Both programs represent steps forward for Michigan in using technology to provide modern and convenient services to residents."

As an approved vendor, NotaryCam had to meet certain state requirements, including providing a demonstration of their notarial platforms to department staff that covered specific security features like tamper-evident documents and an audit trail. To date, 13 states, including Michigan, have enacted RON laws, and another nine states are set to do so in 2020.

"The availability of RON nationwide is inevitable, but it is still a cause for celebration when individual states join the movement to modernize the notarial act by legalizing RON," NotaryCam Founder and CEO Rick Triola said. "NotaryCam is proud to be among the first vendors approved by the state to provide RON services, and we look forward to helping Michigan notaries continue to deliver the invaluable services they always have, albeit in a more modern and streamlined fashion."

"As an early adopter of RON closings, CSS has been working with Rick Triola and his NotaryCam technology and team for years," said Jerome Jelinek, CEO and General Counsel of Traverse City, Mich.-based Corporate Settlement Solutions (CSS). "NotaryCam closings greatly enhance the customer experience of real estate closings. Its team of notaries are knowledgeable, experienced, professional and always willing to accommodate the needs of customers and CSS team members. To truly serve our customers, industry members need to use NotaryCam remote online closings for all possible closings."

About NotaryCam:

After pioneering the world's first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 146 countries.

The company's patented eClose360® platform delivers the "perfect" online mortgage closing in every jurisdiction with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

Michigan.gov announcement link: https://www.michigan.gov/sos/0,4670,7-127--513568--,00.html

Twitter: @NotaryCam #ROC #RON #digitalmortgage #emortgage #eclosing #enotary

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Business, Free News Articles

NotaryCam’s Continues ‘Help a Hero’ Initiative for Seventh Consecutive Year

NEWPORT BEACH, Calif. -- NotaryCam(R) today announced that in honor of Veterans Day, it would once again offer free remote online notarization (RON) sessions to United States veterans and current service members as part of its semi-annual "Help a Hero" initiative. Starting Friday, November 8 and running through Monday, November 11, the initiative allows active duty and retired service members to connect to a live notary public via NotaryCam's secure virtual signing room to legally notarize, sign and execute documents and agreements online from anywhere in the world.

"NotaryCam is proud to be able to provide our remote online notarization services to our veterans and active duty military members at no charge this Veterans Day," said NotaryCam founder Rick Triola. "There is no way we can repay our retired and active duty service members, but NotaryCam is honored to offer this token of our appreciation to all who have served and continue to serve our country."

Since 2013, NotaryCam has held its Help a Hero promotion for Memorial Day and Veterans Day. Current U.S. military service members and veterans who wish to take advantage of this offer need only notify their notary and present a valid military or Veterans ID card during the promotion. USAA, Navy Federal Credit Union and Pentagon Federal Credit Union members are also eligible for the promotion. For more information, please visit https://www.notarycam.com/.

About NotaryCam

After pioneering the world's first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 146 countries. The company's patented eClose360(R) platform delivers the "perfect" online mortgage closing in every jurisdiction with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

Related link:

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Business, Free News Articles, Real Estate, Software

NotaryCam Applauds Texas for Eliminating Roadblock to Recording Remotely Notarized Real Estate Transactions

NEWPORT BEACH, Calif. -- NotaryCam(R) Founder and CEO Rick Triola today praised the Texas legislature for passing SB 2128, which will go into effect on September 1. The bill provides recording jurisdictions with additional clarity when conducting paper recordings of electronically executed documents.

This bill addresses several uncertainties previously acknowledged in regard to remote online notarization (RON) in Texas. Under this bill, a notary will be able to certify via an affidavit that a paper copy of a notarized electronic record is a true and correct copy, and county clerks will be required to record the transaction.

"Even though RON has been legal in Texas for nearly a year, nuances in the state's real estate laws legislation have created unforeseen roadblocks to adoption. However, the passage of SB 2128 should remove the final hurdle for RON adoption in Texas," Triola said. "By passing this bill, the Texas legislature has removed doubt that a properly executed RON transaction will be accepted by county recorders statewide, thus paving the way for mortgage lenders and title/settlement professionals to begin executing remotely notarized and closed Texas-based real estate transactions."

According to data from the Property Records Industry Association (PRIA), only 71 (*see note 1) of the 254 counties in Texas current offer eRecording. Thus, with the vast majority of counties lacking the capabilities to eRecord, the Texas legislature correctly recognized the current state of affairs and enacted a solution to allow RON transactions to move forward regardless of a particular jurisdiction's recording procedures.

"On a practical level, SB 2128 expands the definition of a paper document to include electronic records that have been 'papered out,' thus removing any doubt that these documents are eligible to be recorded in the state of Texas," said Celia Flowers, owner of East Texas Title. "After talking to my clerks after the original RON statute went into effect last year, I quickly discovered that many of them did not know about the bill, nor did they understand what RON was. As a result, many of them - especially those that did not eRecord - were not going to accept documents that had been electronically notarized. I think this bill resolves many of the concerns clerks had regarding RON by providing a legally accepted framework for converting electronic document into paper format for recording purposes."

Triola and Flowers, along with the Texas Land Title Association's Director of Government Affairs and Counsel Aaron Day and James Anderson from Championship Title, will be sharing lessons learned from Texas's roll-out of RON at the ALTA ONE conference in Austin.

The session, "Notable: Texas Title Agents are Rocking with RON," will take place on Wednesday, October 23 from 10:30-11:30 a.m. CT. For more information on the session and the conference, visit http://meetings.alta.org/one/.

(*Note 1: As of 5/31/19.)

About NotaryCam:

After pioneering the world's first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 146 countries. The company's patented eClose360(R) platform delivers the "perfect" online mortgage closing in every jurisdiction with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

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Business, Free News Articles, Software

NotaryCam Anticipates 2019 Banner Year, Citing Growing Adoption of Remote Online Notary, Remote Online Closing

NEWPORT BEACH, Calif. -- NotaryCam(R), creator of remote online notarization (RON), acknowledged leader in online notarization and original provider of patented mortgage eClosing solutions, today announced it is extending its 2018 record growth to another unprecedented performance in 2019. Following a nearly 140 percent 2018 increase in new users, NotaryCam surpassed 200,000 users in the first half of 2019, and is on pace to add 10,000 users monthly.

"NotaryCam's first-mover advantage and persistence have really earned dividends. By any measure, 2018 was the most impressive year to date in NotaryCam's history, and that momentum continues to propel us in 2019," said NotaryCam Founder and CEO Rick Triola. "Further, we've sustained our robust new user growth without technical glitches or notary/customer downtime, ensuring consumers, lenders and settlement professionals maintained reliable access to the NotaryCam platform for all their notarization and closing needs."

Throughout its growth trajectory, NotaryCam has achieved and sustained the highest Net Promoter Score (NPS) in the niche and remains the only platform that scales in every jurisdiction, meaning NotaryCam alone provides mortgage lenders and their settlement agents the competitive advantage of closing how the client wants to close.

NotaryCam's expansion includes growing international demand, as illustrated by its role in successfully closing RON transactions in 146 countries just in the last month. In Q3, the firm will open an international headquarters in Richmond, Virginia, while expanding its notary pool across the country.

"With real estate and mortgage transactions at an all-time high, our 2019 growth outlook is rosy mid-year as we work behind the scenes to advance adoption of remote online notarization and remote online closings nationwide," Triola added. "We not only just recently completed our first Florida transaction, but also helped a major provider of title insurance and transaction services complete its first remote notarization in Texas. Across the board we're now closing daily what we previously have done in a year."

About NotaryCam:

After pioneering the world's first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 145 countries.

The company's patented eClose360(R) platform delivers the "perfect" online mortgage closing in every jurisdiction with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

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Business, Free News Articles, Legal and Law, Software, Taxes and Accounting

NotaryCam Completes Its First Remote Online Notarization eWill Transaction in Nevada

NEWPORT BEACH, Calif. -- NotaryCam(R), the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it has executed its first electronic will (eWill) transaction in Nevada using remote online notarization (RON). The transaction was conducted on behalf of a client of Reno-based law firm Laub & Laub.

"For an eWill, the notarial act become even more critical, as it helps ensure that the will holds up in probate," said NotaryCam Founder and CEO Rick Triola. "Utilizing RON to authenticate this critical document not only adds an extra layer of assurance, but it also enables Nevada residents to execute the document at their convenience, eliminating the need to take time out of their day to travel to their attorney's office to complete the transaction. NotaryCam is honored to be among the first RON providers to execute an eWill transaction in the state of Nevada."

Nevada has recognized the legality of eWills since 2001, but only since the passage of Nevada's RON bill last year have attorneys within the state had the ability to remotely execute them with their clients. To ensure the wishes laid out in the eWill survive probate, NotaryCam added security measures including video recording of the signing ceremony, tamper-sealing on the document and registering the transaction into blockchain.

"This was the first will I'd ever done with a notary online, and I thought the process was pretty amazing. I could see the two witnesses and the notary all on my screen, and they could see me so there was no question as to whether the appropriate parties were in place," said Nik. C Palmer, Esq., the attorney from Laub & Laub involved in the eWill signing. "The NotaryCam platform made it easy to ask questions and share information right then and there. The entire ceremony took 15 minutes and was quicker than it would have been in our office."

"April 16 is National Healthcare Decisions Day, which serves as an important reminder for every person over 18 to begin having conversations with their loved ones about their private wishes for medical and end-of-life care," Triola added. "While one typically thinks of a will as a document outlining the dispensation of a person's assets after their death, living wills provide individuals with the opportunity to communicate their healthcare wishes in the event they are unable to do so. By allowing eWills, or any wills for that matter, to be remotely notarized, Nevada has eliminated several barriers that might have otherwise prevented individuals from engaging in advanced care planning."

About NotaryCam:

After pioneering the world's first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 145 countries. The company's patented eClose360(R) platform delivers the "perfect" online mortgage closing in every jurisdiction with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

Twitter: @NotaryCam #RON #ewill #enotary

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Business, Free News Articles, Software

NotaryCam Helps East Texas Title Complete Its First Remote Online Closing

NEWPORT BEACH, Calif. -- NotaryCam(R), the pioneering and market leader in remote online notarization and mortgage eClosing solutions, today announced that East Texas Title has executed its first remote online closing (ROC(TM)) in Texas since the state's remote online notarization law went into effect. The transaction, which was executed using NotaryCam's eClose360(R) eClosing platform, was performed on behalf of a couple currently located in Colorado and selling their property in Longview, Texas.

"We started conducting remote online closings on the seller's side first because that was something we could do immediately without having to wait for the lenders to be ready," said Celia Flowers, owner of East Texas Title. "What was really important to us was to stop mail outs because when you're mailing documents to people, they can get lost. They might not sign in all the right places and then send back incorrectly executed documents, which really holds up the transaction. With remote online notarizations and closings, it's instant, and the documents are signed correctly."

In addition to the sellers, a NotaryCam-trained Texas Signing Agent, the closer from East Texas Title, another representative from East Texas Title and NotaryCam's Director of Notary Operations Henry Smith were also present for the transaction via the platform's live video feed. In accordance with Texas law, all documents were signed and notarized and made accessible to East Texas Title immediately, with the full transaction taking less than one hour.

"Historically, we would have had to ship the documents to sellers in Denver and then wait for them to return the documents before we could complete the closing. By closing remotely with NotaryCam, we were able to complete the seller's side of the process the same day," Flowers added. "The sellers thought it was great because they didn't have to find a notary and could do it all online. The husband had some health issues so it was nice that he was able to be comfortable at home. The wife came in just as we were starting because she didn't have to leave work to go find a notary. For them, the convenience factor was a huge plus."

"The business case for remote online notarizations and closings is as clear today as it was back in 2012 when NotaryCam was founded. Home buyers and sellers are no longer constrained by geography, and the mortgage closing process must follow suit," said NotaryCam Founder Rick Triola. "Without the remote option, this couple was facing hundreds of dollars in extra expenses, not to mention extreme inconvenience, simply to complete the sale of their home. Having completed more than 130,000 remote online notarizations, we speak from experience when we say, 'There is a better way.'"

In July 2018, Texas became the third state to allow its notaries to perform remote online notarizations (RONs) nationwide, which is a critical component to the full ROC transaction. Today, Virginia, Montana, Texas, Nevada, Vermont, Minnesota, Michigan, Indiana, Tennessee and Ohio have all passed some form of RON legislation.

"Remote online closings simply are not possible without remote online notarization, and we applaud these states in their foresight to allow their notaries to conduct these transactions not just within their individual jurisdictions, but worldwide," Triola added. "Given the size of the Texas real estate market, the state's adoption of remote online closings could prove to be a catalyst for more widespread adoption throughout the country."

About NotaryCam:

After pioneering the world's first remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam in 2012, and shortly thereafter, the company completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states. The company's patented eClose360(R) platform delivers the "perfect" online mortgage closing in every jurisdiction with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

Twitter: @NotaryCam #enotary #remoteonlineclosing

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