The short answer is yes. As of July 1st 2015, all real estate forms in Ontario allow the use of electronic signatures. This means electronic signatures carry the same weight to signatures obtained in person (also known as wet signatures).
After years of discussion, the Ontario government passed an amendment to the Electronic Commerce Act that allows electronic signatures on all real estate forms, including the Agreement of Purchase and Sale.
Phil Dorner, president of the Ontario Real Estate Association, could not have said it better: “Agreements of Purchase and Sale can be amended, initialed, faxed, scanned and emailed numerous times over a transaction… Electronic handling of the agreement where consumers amend and sign using their computers or tablets will eliminate this cumbersome process.”
This law passing signifies a monumental shift to digital within the real estate industry. We at DealTap are eager to be at the forefront of this exciting change by providing a great solution and an easy transition for all agents and brokerages.
To learn more about DealTap and how we keep electronic signatures safe and secure, click here.