Contracts
Iowa's electronic signature (Iowa Uniform Electronic Transactions Act) allows real estate contracts to be:
ASigned electronically only for commercial transactions
BSigned electronically with the same legal effect as paper signatures, provided both parties consent to electronic transactions✓ Correct
CSigned electronically only with IREC approval
DNot valid for real estate transactions under Iowa law
Explanation
Iowa's Uniform Electronic Transactions Act (Iowa Code Chapter 554D) allows electronic signatures on real estate contracts, including purchase agreements, to have the same legal effect as handwritten signatures, provided the parties have agreed to conduct business electronically.
Related Iowa Contracts Questions
- Which Iowa doctrine prevents a party from using parol (oral) evidence to contradict the terms of a written real estate contract?
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- Under Iowa contract law, what must an offeree do to reject an offer?
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