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A buyer in California submits an offer on a property in Ventura using the CAR Residential Purchase Agreement. The offer is made through electronic signatures using DocuSign. The seller's agent questions whether electronic signatures are legally valid for California real estate contracts. What should the listing agent advise?

Correct Answer

A) Electronic signatures are valid for California real estate contracts under the Uniform Electronic Transactions Act (UETA) adopted by California

California adopted the Uniform Electronic Transactions Act (UETA) under California Civil Code §1633.1-1633.17. Under this law, electronic signatures have the same legal effect as handwritten signatures for real estate transactions, provided both parties consent to conduct business electronically.

Answer Options
A
Electronic signatures are valid for California real estate contracts under the Uniform Electronic Transactions Act (UETA) adopted by California
B
Electronic signatures are valid only for offers under $500,000 in California
C
Electronic signatures are not valid for California real estate transactions and the buyer must provide a wet ink signature
D
Electronic signatures are valid but must be accompanied by a notarized affidavit confirming identity

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Related Topics & Key Terms

Key Terms:

electronic_signaturesUETACivil_Code_1633DocuSign
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