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Are e-Mail Signatures in New York Real Estate Transactions Legally Binding Yet?
Electronic signatures in general, and e-mail signatures (i.e., a typed name at the bottom of an e-mail) in particular, are widely recognized as legally binding in a variety of legal contexts, and the federal government and many states recognize electronic signatures as legally binding for the purpose of real estate transactions. New York State remains one of the few in which there is no legislation allowing for the use of electronic signatures for the purpose of creating a contract for the sale of real property. New York case law is divided on this issue, and thus fails to provide a clear answer as to whether an e-mail signature or other electronic signature may be used for documents related to real property.
New York State Legislation Governing Electronic Signatures
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Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
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Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?