Texas Title is fully equipped to handle RON Transactions.
The Securing and Enabling Commerce Using Remote and Electronic Notarization Act of 2020 authorized the nationwide use of “RONs” setting forth certain standards and procedures in recognizing Ron transactions. Texas quickly implemented the Secure Notarization Act, and is authorized, even in states where e-recording is not available, to provide RON style closings.
The Secure Notarization Act permits parties to a real estate transaction to conduct the closing via a secure online two-way video and audio conferencing which permits a fully digital e-signing experience.
Although the Secure Notarization Act authorized RON closings, implementation has been slow. Many lenders are not prepared for RON closings, and are not able to fully accept fully digital closings. This means that a hybrid closing is required. All documents can be digitally signed for except the Note and Deed of Trust which still require wet signatures.
Adobe Sign: For ancillary documents, Texas Title uses Adobe Sign to provide digital signing capabilities for those documents that do not require notarization.
Mobile Notaries: When requested, and for non-home equity transactions, mobile notaries can be arranged to come to the customer’s home, or other convenient location.
Texas Title is taking active measures to ensure a clean and sterile environment for our customers. We are cleaning our closing offices on a continuous basis, and where available, providing masks and surgical gloves for any party who requests them. In the event you have any questions about the digital platforms available to Texas Title, please contact your escrow officer. Texas Title is open for business, and available to accommodate your transactions in any way that is convenient to you and permitted by the Texas Department of Insurance and/or its Underwriters.
