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Click for a demonstration of NEWSTAR Sales & DocuSign

For more than 300 years, contracts for the sale or lease of land in Ontario have required ink and paper. Beginning July 1, 2015, electronic signatures can now be accepted on digital real estate agreements, deeds and mortgages in Ontario.

This is big news for a thriving real estate market in the Greater Toronto Area (GTA), where the average price of a detached home just rose over $1.052 million Canadian dollars. However, before you begin emailing contracts, take note from Toronto real estate lawyer Bob Aaron, via thestar.com:

Even though electronic signatures will now be legal in the real estate context, those signatures are only effective if it can be proved that the signatures are reliable for the purpose of identifying the person signing, and the attachment of a signature to the electronic document is also reliable.

Since the law does not define how to determine whether a signature is reliable, it is up to individual real estate agents and lawyers using electronic signatures to satisfy themselves that the legal requirements have been met.

I expect that the use of electronic signature platforms like DocuSign (docusign.com) will become popular among real estate agents and lawyers anxious to jump on the electronic bandwagon.

Constellation has partnered with DocuSign to offer integration between the world’s leading provider in electronic signature management and our new home sales software. Builders using our flagship NEWSTAR Enterprise homebuilder management software along with NEWSTAR Sales save valuable time and organization headaches, and rest assured that their sales contracts are saved securely.

To see NEWSTAR and DocuSign, please request a demonstration. Note that we are also working to integrate DocuSign with our other sales software for homebuilders.

Announcement from the Ontario Real Estate Association.

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BILD Race for Humanity 2013 - Toronto Star, In2ition Realty, Habitat for Humanity, BILD GTA

On July 18, 2013, a record 27 teams of builders, developers, renovators, and service professionals took to the streets of Toronto, facing off against each other in the fourth annual Race for Humanity!

Constellation fielded two teams: in the green corner, the “Data Devourers” analyzed clues like no other team could; and in the blue corner, the “Warranty Warriors” followed their directions meticulously so there would be no mistakes.

Presented by In2ition Realty and the Toronto Star, this Amazing Race-style scavenger hunt saw our teams criss-crossing the downtown core in search of their next challenge. All proceeds support Habitat for Humanity Toronto on behalf of the Building Industry and Land Development Association’s (BILD) 1,400 members.

Teams danced the “Gangnam Style” and got in touch with their inner-Rice-Krispy-builder by creating miniature developments out of sweets. A speed-hammering contest, five-legged race, tug-of-war, and agame of “Guess Who” featuring the BILD Board of Directors added to the team building and tested their industry knowledge. Here’s a collage of the day’s activities.

Empire Communities Wins the 2013 Race for Humanity presented by BILD and Habitat for Humanity and the Toronto Star

The race ended at BILD’s annual Charity BBQ, where Empire Communities was crowned champions for the second year in a row! They had better watch out for Constellation teams in 2014! A big, humble congratulations to Empire Communities: “Empire Strikes Back” indeed.

Since 2003, BILD has raised more than $535,000 for Habitat for Humanity.

Follow along with the action using the hashtag #BILDR4H2013 on Twitter and Instagram for more photos of the day’s events. Check out our teams from last year too!

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