Due to the lockdown in Manila and other cities overseas, we are unable to process contracts which require signatures. I’m currently exploring the possibility of using electronic signature as an alternative for real estate sales agreements.
I have only tried DocuSign for signing my employment contract. And I think it’s legal for use for real estate transactions in the US. Got some info here about legality of its use in the Philippines, but would like to know actual use cases for those who have tried it.
We used electronic signatures sa UP earlier this month. Hindi kasi makapasok ang mga tao to process their salaries. Here’s the advisory
The only problem with using esignatures for contracts is that you can’t notarize it. Notarization still requires wet ink signatures. And some offices may still not accept them even though it’s legal. Case in point, UPD’s accounting office won’t process electronically signed contracts Pero kung legality lang, it is legal.
Interesting. The mere act of placing an image in a document is considered an electronic signature na pala. I thought kailangan ng tracking ID like what’s generated in DocuSign. Mukhang limited nga lang magiging acceptable use ng esigs, more on less risky transactions like receipts. With contracts mukhang need talaga ng notarization for security of both parties.
Ah, hindi pa ganun kasophisticated sa atin eh. Annoying lang yung sa case ng UP accounting. It means we’ll have to send the documents by courier to so many signatories during the quarantine
Medyo hassle nga yung hintayan. Naisip ko mas madali ito gawin kung sa Japan kasi stamp yung pang-pirma nila. Pede ipagrab lahat ng pang-stamp dun sa isang bahay tapos yung isang tao na magtatak sa lahat ng pages
I’m curious, too, at hindi ko rin alam I think they use the same seal for a long time, so nag we wear-off siya nang konti as you use it, so parang nag iiba yung thickness in some parts ng characters making it a bit unique.
Maraming countries sa Asia ang gumagamit pa rin ng corporate chop /seal, Japan yun pinaka “exclusive” (seal only). China, Vietnam, Korea puwede combination of sign /seal, depende sa banko.
Sa Pinas required pa yata talaga ang wet-signed at notaryado for external documents. This ECQ a lot of banks accepted soft copies of documents hindi pa rin digital signature like docusign, parang scanned copy lang na i-email mo. Then usually followed by a confirmation call, and with an undertaking to deliver the wet-signed document after ECQ.
Sana ganyan din sa UP. Yung accounting kasi, ayaw tumanggap ng esignatures for contracts. So we have to wait for the ECQ to be lifted before we can start processing contracts. May mga teammates kaming hindi pa sumasahod since January dahil dito
@davemacho Yung DOST-ASTI pala, gumagamit na rin ng digital signatures. I think mas madali adoption sa government (theoretically) since may Philippine National Public Key Infrastructure na.
Pero kung legality lang, it is legal.
