The world is becoming more digital with the dawn of each day. It’s a good thing, but it also involves learning new jargon and technologies along the way. It’s no longer enough to use ink and paper to do a notarial act. Busy consumers may now choose from various notary services to get those field trip slips, real estate closing packages, and other notarized paperwork.
When looking for remote online notarization, you may have come across different words. The most often used phrases include Mobile Notary, E-Notary, and Remote Online Notary, all of which refer to the same thing: an electronic notary. You are not alone if you are unsure of the differences between a mobile notary, an e-notary, and a remote online notary. Never fear; we completely comprehend your perplexity. The following is an outline of what each signifies and how they vary:
Electronic Notarization
While everyone is in the same room, an Electronic Notary will notarize a document electronically for you. An E-Notary is another name for an electronic notary. Instead of a standard ink signature on paper, the notary puts an electronic tamper-evident seal on your document. It implies that any illegal changes to the document will be visible. Despite providing a more secure document when the receiver requests the copy online, you will still face many of the same challenges with a mobile notary and a regular notary.
Electronic notarization differs from remote notarization in that it does not take place remotely, necessitating the presence of all individuals involved to witness the document’s notarization.
Remote Notary
A live notary who executes a notarial act online is an Online Notary. A computer or mobile device is used to transmit an audio/video stream between individuals who aren’t physically in the same place.
As a result of the COVID-19 travel limitations, online notaries have become more popular. In addition to being known as RON, you can also refer to this method as (remote online notarization.) If you have never used an online notarization service before, it could sound intimidating, but you will be pleasantly pleased by how simple it is. You may get your paper notarized in just four simple steps. Upload your document, verify your identity, and connect with a live notary to complete the process before downloading and printing your document. You may be able to have a document notarized in less time than you think if you connect to a live notary.
Mobile Notary
Traditional notary services may be performed in person by a mobile notary. Mobile notaries are often employed to witness loan signatures, but they may also go from one location to another to fulfill other notarial duties. Because the mobile notary does not need any special equipment, it is more convenient for the client because the notary travels to them.
Mobile notaries are still the primary choice in many jurisdictions regarding remote and electronic notarial services, owing to their relative youth. For example, a mobile notary signing agent may be dispatched to a customer if the buyer or seller of a property cannot make it to the office of the title firm to complete the transaction. Closers may meet at the client’s place of business or at a local coffee shop to sign the vital closing paperwork.
It’s important to note that a mobile notary differs from regular notaries in that you must make an appointment in advance. Because they don’t have a physical location where you can find them, locating a mobile notary might be more complex than working with a typical notary public or an electronic notary.
The Biggest Dissimilarities
Because the participants in both modes of notarization must be physically present, remote notary and electronic notary vary greatly. In addition, not all electronic notarization methods are online or remote, and not all remote notaries are electronic.
Mobile notaries are fundamentally different from remote notaries in that they come to you, and this isn’t remotely possible with remote notaries. A remote notary is also less expensive than a mobile notary since you pay for the notary’s services and perhaps some internet charges. Which, in the vast majority of cases, is nothing.
Mobile notaries were a popular choice for mortgage closings since they could go to where the other parties were most comfortable, making the process more convenient for everyone involved.
Imagine, just after the kids have gone to bed, you realize that you haven’t notarized the paperwork, and it’s too late to have it done now. That paper was due to be notarized by the end of the day, and it is already late. That’s one of the significant advantages of remote notarization. You can rely on it in times of crisis. It will be there to provide you with a solution conveniently without you having to break a sweat.