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VIDEO · 28 OCTOBER 2021

Signing loan documents electronically

Bennett & Philp Lawyers
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Consideration of current electronic execution laws and our recommendation for a safe execution of loan packages.

AustraliaFinance and Banking
Nadia Sabaini
Nadia Sabaini
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Lenders are increasingly considering options to facilitate the execution of loan documents. Conveyancing time frames and pandemic restrictions have certainly given lenders cause to think outside the box. So how does a lender safely offer their borrowers the ability to sign a loan package electronically? Can this be done for all loans? In all States and Territories?

In this article, we will explain the current laws and our recommendation for a safe execution of loan packages electronically.

Electronic execution laws

The starting point of our discussion must of course be the current electronic execution laws in existence in each State and Territory and what they permit.

Commonwealth

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