California legalized remote online notarization under SB696. The speaker breaks down the timeline and what it means for lenders and notaries, with details on regulatory requirements.
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It is official Ron is legal in California, but full functionality expected by 2030. Secretary of State has seven years to come with all the guidelines they're expected to use the complete seven years and if you read the bill, the fine print says the SOS can actually ask for more time. So I think the earliest happens is 2030 and it could actually be later than that. Gavin Newsom made it law. But remember, the SOS has seven years to make this be legal for California notaries to complete a remote online notarization. So stay the course. Traditional loan signings are not going away anytime soon. And remember, just because your state allows Ron does not mean it allows remote online real estate closing. That is up to each lender. So even if Ron becomes legal in 2030, we're still waiting for the news of Wells Fargo, bank of America, Chase, all the big lenders be like look, we want a complete E sign. So if you want more information on this bill, I wrote an amazing blog for you to really break down so you get an in depth dive into Bill SB696. So comment the word blog down below. I'll send you that article. Follow this page for more information. Just like this.