The recent Law Society National Property Law Conference concluded last week, discussing a series of matters affecting the industry.
A full report can be seen in the recent Law Society Gazette, covering:
- the long-running search for a form of electronic signature to replace the traditional wet ink signature that, for hundreds of years, has signalled a binding contract. The wet ink process requires two or more copies of each document – one for each party to the contract – and depends upon the documents being physically posted or couriered to the other side. Delays can easily occur, with the process typically taking days to complete. Electronic signatures promise to reduce the time needed to complete a transaction to mere hours.