Remote Real Estate Closings

Close your real estate deal from the comfort of your home or workplace.

We can close your real estate purchase, sale or refinance: remotely.

There may be a physical distance between you and our team, but that does not change how we approach your business and the process in which we help you see your real estate dreams become a reality.

Our lawyers will be right there with you via video conference to walk you through the closing process and sign all of your closing documents.  We have helped hundreds of clients close residential and commercial real estate deals using video-conferencing and e-signature technology.

Aura LLP protects your transaction, ensures goods conveyance of title, and satisfies your lender and insurer’s requirements. Our proprietary technology and closing processes protect the transaction against fraud and ensures you are not signing documents under duress.

If you want to close your real estate transaction from home, please contact us using our online form, and we will contact you in 24 hours or less.

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We are with you.

 

Every step of the way.

FAQ

What Precautions are you Taking During COVID-19?

The health and safety of our clients, and our staff, is our number one priority.

Our real estate closings are completed entirely over Zoom, email and bank-encrypted online servers. All documents are signed electronically and with time-stamp technology, and in accordance with the Electronic Commerce Act. There is no need for you to come into the office, or come into contact with anybody in order to close with Aura!

Will my Lender Accept Electronic Signatures?

Each lender has their own requirements concerning digital or ink signatures. We will verify directly with your lender that they accept electronic signatures.

As of today, all of the Big 4 banks (Scotiabank, TD, RBC and CIBC) accept electronic signatures. The majority of lenders (including private lenders) accept electronic signatures. We have closed hundreds of deals using electronic signatures.

We will never do anything that compromises the closing or creates an issue with your lender.

Will my Title Insurer Cover a Remote Signing?

Yes.

During the COVID-19 pandemic, our title insurance partner, Stewart Title, is not requiring face-to-face meetings as a pre-condition for obtaining title insurance.

Please visit their website.

We recommend that all of our clients obtain title insurance.

Are Electronic Signatures Legally Binding?

Yes.

Under the Electronic Commerce Act, documents and contracts may be signed electronically. They are just as valid as ink signatures.

However, the Act is a voluntary and enabling statute which enables electronic business transactions while ensuring that parties who do not want to engage in business electronically have the option to refuse to do so. Consequently, before documents with electronic signatures are exchanged and considered binding, all parties involved must have consented to conducting business electronically.

How are you Safeguarding against Fraud?

The entire interaction with the client, including the signing process, is recorded by unbroken video.

During the video conference, our lawyers ensure that there is no unauthorised person present, and that you are not under duress. We review each closing document with you, and you can sign electronically on your computer or phone. Our lawyers will be on the video conference at all times.

After all closing documents are signed, a recording of the video is uploaded to our secure servers.

Our office will not close a transaction without this video.