Last Friday and Saturday, I was at a Home Inspection conference for some Continuing Education. It seems like there is always a surprise at those conferences. This time was no exception, when I was told about Kentucky's Uniform Electronic Transactions Act which was passed in 2000.
Of course, we have all been using e-mail for quite some time now and faxes are nearly obsolete. But I was surprised that there has not been more reporting on the implications of this Act. In many ways, this legislation makes transactions much easier. At the same time, you might be surprised at how easily your e-mail or other electronic transaction can be considered a binding transaction.
Happy Valentines Day, all. I hope you have a great evening with your sweeties and/or families.
David
David W. McCoy
Associate Broker
Commonwealth Commercial Real Estate
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