The primary objective of the Uniform Electronic Transactions Act (UETA,) which can be found on the National Conference of Commissioners on Uniform State Laws (NCCUSL) Web site ( www.nccusl.org, Final Acts and Legislation link), is to establish the legal equivalence of electronic records and signatures with paper writing and manually signed signatures, thus removing barriers to electronic commerce. In other words, UETA assures that electronic signatures and transactions have the same legal effect as “wet” signatures and paper documents.
In the early part of the decade when interest rates were low, Sharon and Steve thought it would be a good time to refinance the mortgage on one of the four properties they own in eastern Pennsylvania. While they got a good rate from the finance company and the transaction went smoothly, the couple noticed some serious financial mysteries shortly after the ink on the contract had dried.
The Pennsylvania House of Representatives is studying a proposal to adopt the Uniform Real Property Electronic Recording Act (URPERA).
June 30, 2008, marks the end of the terms of office for the last commissioners of deeds appointed for the Commonwealth of Pennsylvania.
The Division of Legislations and Notaries (Division) of the Department of State (Department) is pleased to inform you of several new services available via the internet to notaries public and the general public alike.
A bill rewriting Pennsylvania’s 50-year-old open records law, long considered to be one of the worst such laws in the country, was signed by Gov. Ed Rendell on Feb. 14.
It didn’t take long for greedy swindlers and shady dealers in the United States to become enamored of the $10 trillion mortgage industry.
The Department of State is making some major changes to the Commonwealth’s Electronic Notarization Initiative as the program enters its third year.
When the clock struck 12:01 a.m. on Jan. 1, 2008, the positions of Recorder of Deeds, Register of Wills, Clerk of Courts and Prothonotary were eliminated in Allegheny County.