1 / 15

Electronic Recording and Electronic Notarization: Legal Issues and Current Developments

Electronic Recording and Electronic Notarization: Legal Issues and Current Developments. Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California. Introduction. Electronic Recording (ER) means different things to different people

colby-james
Download Presentation

Electronic Recording and Electronic Notarization: Legal Issues and Current Developments

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Electronic Recording and Electronic Notarization:Legal Issues and Current Developments Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California MBA's Legal Issues in Mortgage Technology Conference November 30 – December 2, 2005

  2. Introduction • Electronic Recording (ER) means different things to different people • To accomplish full digital ER, those interests must be dealt with • ER has the potential to respond satisfactorily to all interested parties Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California

  3. Introduction • Electronic Recording (ER) means different things to different people • To accomplish full digital ER, those interests must be dealt with • ER has the potential to respond satisfactorily to all interested parties Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California

  4. Background • Government to government digital ER • San Bernardino/Orange Counties pilot ER • Important comment on the evolution of digital ER Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California

  5. Background • Government to government digital ER • San Bernardino/Orange Counties pilot ER • Important comment on the evolution of digital ER Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California

  6. Current Legislative and Regulatory Issues in California • AB 578: California’s current law on ER • URPERA – too much, too late? (for now • Bad Timing: the problem with uniformity • AB 578: implementation proceeds at present time Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California

  7. Current Legislative and Regulatory Issues in California • AB 578: California’s current law on ER • URPERA – too much, too late? (for now • Bad Timing: the problem with uniformity • AB 578: implementation proceeds at present time Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California

  8. Current Legislative and Regulatory Issues in California • AB 578: California’s current law on ER • URPERA – too much, too late? (for now • Bad Timing: the problem with uniformity • AB 578: implementation proceeds at present time Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California

  9. Challenge of ER: More dangerous or safer? • Background: law enforcement fears ER • Importance of the notary public in real estate fraud • Importance of Electronic Notarization (EN) to ER • An updated suggestion to make ER safer than recording paper documents Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California

  10. Challenge of ER: More dangerous or safer? • Background: law enforcement fears ER • Importance of the notary public in real estate fraud • Importance of Electronic Notarization (EN) to ER • An updated suggestion to make ER safer than recording paper documents Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California

  11. Challenge of ER: More dangerous or safer? • Background: law enforcement fears ER • Importance of the notary public in real estate fraud • Importance of Electronic Notarization (EN) to ER • An updated suggestion to make ER safer than recording paper documents Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California

  12. Challenge of ER: More dangerous or safer? • Background: law enforcement fears ER • Importance of the notary public in real estate fraud • Importance of Electronic Notarization (EN) to ER • An updated suggestion to make ER safer than recording paper documents Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California

  13. Challenge of ER: More dangerous or safer? • Background: law enforcement fears ER • Importance of the notary public in real estate fraud • Importance of Electronic Notarization (EN) to ER • An updated suggestion to make ER safer than recording paper documents Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California

  14. Challenge of ER: More dangerous or safer? • Background: law enforcement fears ER • Importance of the notary public in real estate fraud • Importance of Electronic Notarization (EN) to ER • An updated suggestion to make ER safer than recording paper documents Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California

  15. Conclusion • Legislative/administrative focus in California is on digitized recording • Private sector is moving forward toward full digital recording • A well-designed EN process can be the foundation for ultimate ER Presentation by Larry Walker Auditor/Controller-Recorder County of San Bernardino, California

More Related