Pavaso has facilitated what it called the first remote online notarization (RON) eClosing in Tennessee to be completed by a Tennessee eNotary. The transaction follows the July 1, 2019, effective date of a state law that permits RON, the company announced in a release.
Pavaso’s eClosing platform was selected by the closing agent, Joseph Kirkland, senior underwriting counsel with Closetrak Title & Closing in Memphis, to deliver all the benefits of a digital closing and a superior user experience.
The Online Notary Public Act makes Tennessee the sixth state to permit RON, the notarization of electronic documents from a remote location using online, two-way audio-video technology.
“Pavaso is an outstanding product that made this closing much more convenient,” Kirkland said in the release. “My clients are missionaries in Uruguay who were having trouble scheduling a consular officer to notarize documents at the embassy. Using this technology saved weeks of waiting. Thanks to the new RON law and Pavaso, I was able to close the transaction and notarize documents at my office here in Memphis, while the sellers participated from their home in Montevideo.”
Nancy Pratt, vice president of partner relations and government affairs for Pavaso, expressed appreciation about Tennessee notaries being given the green light to perform remote online notarizations using the company’s eClosing platform.
“Pavaso has facilitated electronic notarization of thousands of loans in states where it is allowed, and we look forward to helping notaries in states that permit RON to extend this convenient new option,” Pratt said. “We are committed to giving our settlement providers all the tools and support they need to accommodate any type of closing their customers prefer.”
Pavaso is a leader in digital closing transformation for real estate transactions.