Legal Articles

Electronic Signatures in Commercial Transactions
The landscape of commercial transactions and the traditional “closing” has changed drastically over the years. In 2014, the exchange of documents electronically has, in large part, replaced the traditional paper closing. As documents are increasingly exchanged electronically, it is important to understand what constitutes a signature and when signatures are binding. In general, an electronic signature is any sound, symbol or process attached to or logically associated with a record and executed or adopted by a person with the intent to sign the record. Based on this definition, an electronic signature can be everything from a typed name in document, to an automated email signature, to a scanned copy of a handwritten signature.

United States | 12/13/2014



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