Electronic Real Estate Documents: Context, Unresolved Cost-Benefit Issues and a Recommended Decisional Process
39 Pages Posted: 17 Dec 2011
Date Written: December 16, 2011
Abstract
This essay begins with a prediction: that electronic real estate documents will soon begin to replace paper documents in many, if not all, phases of residential real estate transactions. It describes the costs and benefits of electronic documents, and the many forces supporting and impeding their widespread adoption. It concludes by urging all those participating in the process to use their best efforts to address the obstacles and to work towards a successful transition to a world of electronic real estate transactions and electronic recording.
Keywords: electronic documents, real estate, property law
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