Law society mercury guidance

1. What is the Mercury Protocol?
2. What is Mercury Option 1?
3. Are mixed signings permissible?
4. Can a power of attorney be signed electronically UK?

What is the Mercury Protocol?

What is Mercury Protocol? Mercury Protocol is a suite of smart contracts and software services that enables a trustworthy, meaningful, and providerless communication layer for consumer app developers.

What is Mercury Option 1?

Option 1: The final version of the document is circulated to parties who are not able to join the physical meeting. The absent signatory/ies print the signature page, sign it and scan it in.

Are mixed signings permissible?

There is nothing in principle to prevent the mixed signing of a deed, so that one party signs in wet ink and the other by electronic means or via the Mercury approach. This would need to be done by way of counterpart deeds and it will be necessary for there to be a counterpart clause contained within the deed.

Can a power of attorney be signed electronically UK?

Appendix 1 contains details of the dispositions and other dealings that can be signed using a conveyancer-certified electronic signature. The equivalent in respect of unregistered land and a general power of attorney can also be signed using such a signature. The following requirements must be met.