Pavaso has launched a remote ink-signed notarization solution that allows a signer and notary in different locations to complete the signing and notarization of real estate closing documents on paper.
Pavaso said Essential Notary is an alternative to in-person notarization that can be utilized in accordance with state emergency mandates and requirements.
Pavaso said Essential Notary offers many built-in features. A signer’s identity is validated through third-party identification verification services before the signing. Signers must correctly answer a set of knowledge-based authentication questions generated from their public and credit records, and use a smartphone to facilitate automated authentication of a government-issued photo ID.
Pavaso said each document is reviewed electronically on the platform so that any questions can be addressed. Additionally, Pavaso said its platform allows for multiple witnesses and observers to join the session as needed or required.
Electronic signatures and notarizations are not used. Instead printed documents are provided to the signer(s) for wet ink signatures to be applied. Documents are signed in view of the webcam, while the notary witnesses the signing of each document requiring a signature, Pavaso said.
When the signing session is complete, the signer(s) follow instructions for sending the documents to the notary for application of the seal.
Pavaso said the platform also can capture, via webcam, the assembly and sealed packaging of the wet-signed documents for delivery to the notary, where necessary.