This article covers what transactions are eligible and provides information that helps our partners make these decisions.
Our legal team firmly believes that our partners need to make the decision about what is legal, where.
49/50 states practice interstate recognition for notarial acts. Iowa is the holdout. We do not have notaries in 49 states, rather, we have notaries across the country (mostly VA, TX, FL). The more conservative viewpoint on if a given state is "approved" would be in relation to the Remote Online Notarization (RON) laws of that state. We see RON laws as laws that govern the notaries of that given state, and interstate recognition as accepting legal notarial acts from other states -- so a TX notarial act, whether performed remotely or not, should be accepted in all states that practice interstate recognition. State acceptance is not the only layer, though - there are still counties that don't eRecord.
You also have to make sure your underwriter has approved Notarize as a vendor and underwrites RONs in that state. Notarize can't be in the position of updating our partners on a regular cadence about additions/subtractions to this list. We see it as the title company's responsibility to know their underwriters and what they will and won't accept.
For lender-involved files, the last layer is secondary buyers. This is less of a problem than it used to be, but there are still states that Fannie or Freddie won't buy notes in. There might be other options, but the lender needs to make sure they have a buyer in that given state that is okay with RONs.
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