Electronic Signatures Coming to Canada
The Canadian Real Estate Association to Launch Authentisign™
LONDON, Ontario, Jan. 16, 2013 /PRNewswire/ -- The Canadian Real Estate Association (CREA) and Instanet Solutions have reached an agreement that will allow its 100,000+ members to take advantage of electronic signatures on real estate documents beginning in early 2013.
Instanet's electronic signature solution is known as Authentisign™ which is an online signing service that is fully compliant with strict ESIGN and UETA statutes across North America. Authentisign™ is part of Instanet Solution's complete paperless platform with online forms, document management, transaction management and internet faxing modules.
Martin Scrocchi, Instanet's President & CEO commented, "Our clients in the United States have used Authentisign™ for many years. The US Federal ESIGN law was enacted in the year 2000 and it gave the same legal validity to an electronic signature as one done with pen and ink. We were the first real estate document and forms company to provide a completely paperless signing solution starting in 2004 and now we are thrilled to see this happening for REALTORS® in Canada today! Real estate professionals across our country have become increasingly comfortable with the security and authenticity of digital signatures and their clients are rapidly embracing this technology."
"Our relationship with CREA includes a deep integration between Authentisign™ and WEBForms, CREA's existing online forms system, allowing CREA members to easily share documents electronically," says Scrocchi. "This means Authentisign™ can be accessed directly from WEBForms and all of the completed forms & contracts will be automatically available. This will make it very easy and convenient for CREA members who want to take advantage of electronic signatures."
About Instanet Solutions: Instanet Solutions is a leading provider of real estate technology with approximately 400,000 licensed, paid, user accounts of their various real estate focused products – InstanetForms™, TransactionDesk™, DocBox™, DocBox2Go™, InstanetFax™ and Authentisign™. Instanet Solutions began delivering residential real estate technology in 1992.
Instanet Solutions services have processed more than 160 million pages of documents just since 2009 and have saved millions of pages of paper. Instanet Solutions was a pioneer of paperless efforts in the real estate industry, including its Go Green Go Paperless campaign initiated in 2008. Instanet Solutions continues to lead the industry in promoting and developing paperless real estate technologies. Further information about Instanet Solutions and its products is available at http://www.instanetsolutions.com.
Instanet Solutions Contact:
VP, Sales & Marketing
800-668-8768, ext. 839
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