With the continued restrictions on social movement, many in Northern New England have embraced spending the time outdoors biking, hiking, and skiing! I consider myself very fortunate to have so much so very close, but with our booming real estate industry it has been challenging for those in the real estate business to enjoy it as much as we should.
One of the changes that has been talked about quite a bit over the past few years, but more recently in the past several months, is remote online notarization (RON) or remote ink notarization (RIN). In New Hampshire, the lack of permanent legislation, and our reliance on an Executive Order, has put this practice “on ice” for many settlement agents. This week, the New Hampshire Senate adopted SB134-FN, which includes provisions for RON, on the consent calendar. The bill now heads to the House for a public hearing that may happen in April. Things may change in the coming months, so this would be a very good time to begin having conversations with your lenders about their plans to implement the use of RON. We have an internal taskforce at CATIC that has been monitoring legislation, communicating with lenders, and compiling information on tools to help our agents through the process. We invite you to contact any one of us if you have any questions, or need help getting started.
Meanwhile, we wish you well, and may you enjoy our beautiful states in Northeast New England.