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Electronic Signature

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Dean Black

Thread Starter
Freshman Member
Joined
May 9, 2002
I have used EDI for the last 2 years. But just recently one lender has asked for a comment to be added that the signature is electronically transmited. Question is, is there certain language or suggested to cover electronic signatures??

The funny part is they say I can fax or email the comment to them with my signature. Makes sense.

Thanks Dean
 

Jo Ann Meyer Stratton

Elite Member
Joined
Jan 16, 2002
Professional Status
Certified Residential Appraiser
State
Arizona
I use the following comment in case the reader isn't familar with national laws:

"The software programs used to transfer the report electonically provide digital signature security features for the appraiser signing the report. The appraiser that has signed (affixed an electronic signature) to this report has ensured that the signature(s) is/are protected and the appraiser has maintained control of the signature. Electronically affixing a signature to a report carries the same level of authenticity and responsibility as an original ink signature on a paper copy report."
 

Ben Vukicevich SRA

Senior Member
Joined
Feb 9, 2002
Professional Status
Certified General Appraiser
State
New Jersey
Dean,

Refer the lender to the Glossary section of USPAP 2002. It defines "Signature" which includes electronic. I just did it to one lender and they went away happy.

I also reduce my font size in Clickforms and in the "Date Signed" box on Page 2 of the URAR, I place the date signed then, (Digitally, in accordance with USPAP) Seems to keep them away.

Ben
 

Caterina Platt

Senior Member
Joined
Jan 17, 2002
Professional Status
Certified Residential Appraiser
State
New Mexico
I recently had a request to add a comment that the digital signature was a reproduction of my original signature. Ok, maybe it just hit me on one of those days when I felt hassled and extra sacrastic, but I wanted to ask them, 'Just what else do you think it would be???'

Sometimes I think George Carlin is missing out on a wealth of material that would come from our corner of the world.
 

airphoto

Senior Member
Joined
Jan 15, 2002
Professional Status
Retired Appraiser
State
Pennsylvania
Yeah,

Words to the effect of "you received the report over the internet, you Dummie! Did you think it was an original signature, you Dummie!"
 

Ben Vukicevich SRA

Senior Member
Joined
Feb 9, 2002
Professional Status
Certified General Appraiser
State
New Jersey
Bill,

You got it!!! I had one of those dummies call from Colorado and say "Why does your signature look like it's been rubber stamped?"

Ah, because I didn't fly to Colorado to sign it????

Ben
 
B

Bemis Pownall

Guest
excuse me dummies from Colorado?
just what are you implying?
TIA
Dee Dee is from Colorado
 

airphoto

Senior Member
Joined
Jan 15, 2002
Professional Status
Retired Appraiser
State
Pennsylvania
and a sweetie she is, too ..
 
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