[Calidecks]

Is an electronic signature, faxed or printed signature on a contract binding? Or is it imperative to have a wet signature?

Not asking for legal advise just opinions.

 

[Inner10]

Is an electronic signature, faxed or printed signature on a contract binding? Or is it imperative to have a wet signature?

Not asking for legal advise just opinions.

Most companies I deal with accept electronic for everything except the hold back release form has to be original signed and notarized.

 

[Chad McDade]

I'm not sure about faxed or printed signatures but electronic signatures are binding. Here is a link to an article about e-signatures:
https://www.docusign.com/electronic-signature

 

[Calidecks]

Most companies I deal with accept electronic for everything except the hold back release form has to be original signed and notarized.

May I ask what a hold back release is?

 

[Framer53]

A1A contracts and most commercial contract hold retainage. That is a hold back.

 

[Inner10]

May I ask what a hold back release is?

Contracts are often standard documents from CCDC, progress payments have a 10% holdback. A holdback release form such as a CCDC 9A/9B is a signed notarized and sealed form indicating that the contract is fulfilled.

http://www.ccdc.org/downloads/ccdc9a/ccdc9a.pdf

http://www.ccdc.org/

 

[EricBrancard]

Most of the real estate documents I have ever signed have been via fax or email. There is a clause in them about signature via facsimile.

 

[EthanB]

I use electronic signatures extensively. I like to get them emailed back to me to establish provenance rather than have someone sign on my device. I don't think it's a big problem if someone does sign on your device, there are many places, including banks, that use electronic signatures.