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Signatures On An NDA: Question From Christina Lazuric


Looking for some assistance/guidance from fellow BizBen users.

I came across a NDA once, that had the legal jargon at the bottom, that basically said this was a digital acceptance of a signature. That would extremely useful during these times when I'm dealing with people that don't have access to a fax machine to fax back the NDA to me.

Are there any brokers or attorneys out there that can answer these two questions:

1- Is it legal in the state of California to put that legal blurb in lue of a signature for an NDA?

2- Does anyone have the correct phrase?

I would really appreciate the feedback. Please feel free to phone me at 949-257-7823 or comment below in the "Comments Section" of this blog post.

Thank

Categories: Deal And Escrow Issues


Comments Regarding This Blog Post


I know that DocuSign or using a digital signature is legal in California, because they do it for residential and commercial. It's true that Fax machines are going the way of the Dodo bird, and so it's possible that they can take a picture with their phone, and attach it to a reply email from the broker. I would have the potential buyer actually sign it and then send the picture in, because someone will be less likely to be sneaky if they actually had to sign something with a pen. If you find that the person is being strange, i.e. asking for many businesses all at once that are unrelated to each other, then have them come in the office, people like that may be agents fishing to steal your inventory.






  Helpful Resources To Assist In Selling And Buying California Businesses
Helen Yoo, New Century Escrow - Escrow Services In Southern California

New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.

Elizabeth McGovern: Escrow Services - San Francisco Bay Area

McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.

Diane Boudreau-Tschetter: Escrow & Bulk Sale Services - CA

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Shalonda Chappel-Pilgram: Escrow & Bulk Sale Services - Southern California

Escrow services to brokers/agents, sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services. 951-808-3972.

Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence

Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.

Janet Carrera: Escrow & Bulk Sale Service - SF Bay Area

Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.

Brad Steinberg, Business Broker: Laundromat Specialist

PWS is the leading laundromat broker in California. Since 1968 PWS has brokered over 2,500 laundromat sales. With over 90 employees dedicated to the coin laundry industry, PWS has 18 licensed agents, a 3 person in-house finance department, 10 service technicians and a 20 person parts department.


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Escrow Services Diane Boudreau-Tschetter
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