Esign Legal Massachusetts Loans Lending Forms For Free

The correct answer is option 3, i.e 3 only. It is an electronic signature that ensures that an electronic document is authentic. A digital signature is not a record rather it provides authentication of the record.

You agree your electronic signature is the legal equivalent of your manual/handwritten signature on this Agreement. By selecting "I Accept" using any device, means or action, you consent to the legally binding terms and conditions of this Agreement.

Subject to such exceptions and pursuant to Section 7 of the MA UETA, (i) a record or signature may not be denied legal effect or enforceability solely because it is in electronic form, (ii) a contract may not be denied legal effect or enforceability solely because an electronic record was used in its formation, (iii) ...

ELECTRONIC SIGNATURE ACKNOWLEDGEMENT AND CONSENT FORM I, , agree and understand that by signing the Electronic Signature Acknowledgment and Consent Form, that all electronic signatures are the legal equivalent of my manual/handwritten signature and I consent to be legally bound to this agreement.

This clause typically specifies that the contract will be legally binding despite being signed electronically. All parties that sign an agreement containing an e-signature clause are explicitly agreeing that their electronic signatures carry the same legal weight as their traditional handwritten counterparts.

Signatures in Commercial and SBA Lending If all signatory parties have consented to use esignature technology and met the legal requirements of the contract to be signed, U.S. law recognizes esigned commercial loans.