For an agreement to be valid, all it takes is for all parties to agree mutually and understand the contract thoroughly. According to this Act, it’s not a must for a contract to consist of a written signature. In the UK, typed signatures were accepted under the country’s Act by the Electronic Signatures Regulations in the year 2002. You can present an e-signature in court as evidence as well. In the US, typed signatures are used to create law. Alternatively, you can seek services of legal counsels for specifics and clarifications. Now, you can sign a contract electronically.īut though there exists legislation in various states and countries, it’s wise to do detailed research online and investigate further. The e-sign act permits the use of electronic records. Additionally, based on the Uniform Electronic Transactions Act, every state should have an outline of how the e-signatures should be used. The Legality of Typed SignaturesĪccording to the USA’s Electronic Signature and Records Association Act, an electronic signature becomes fully legal only when all parties are in agreement to use them. Like many people, you may be asking yourself: are typed signatures are legally binding? Fortunately, they are, but the law governing their legality differs between countries. It must meet some qualifications to be considered legal, meaning that it proves the legitimacy of your contract. Based on the meaning from the law dictionary, it’s a way to sign a document electronically and agree without using papers.īut not any typed signature qualifies as legal. They also get referred to as electronic signatures.īut going with the legal definition, a typed signature means an electronic process, symbol, or sound that gets associated or attached logically to a record of a contract. To a layman, the only difference between typed signatures and those involving signing on paper using a pen is that for the former you write your name on the document through an electronic device. This article will provide insights into the meaning of typed signatures and whether or not they are legal.

The fact that these signatures get time-stamped, are secure, traceable, and save both time and money has made them a favorite with the business community.Īccording to statistics, transactions done using electronic signatures have skyrocketed to $754 million within the last five years from $89 million.Įven though typed signatures have helped in speeding up and improving businesses for about 20 years now, not many people understand them. We now have electronic signatures, also known as e-signatures or typed signatures to replace wet signatures. Thanks to the advance of technology, long gone are the days when people used to use ink to sign on hard paper.

Wet signature meaning