a contract’s signature tells legal decision-makers, such as judges and mediators, that you willfully entered into the agreement and were competent to do so. if a dispute arises, judges and lawyers will review the original agreement to learn more about the issue. distribute these signed copies among all parties and keep the original in a safe location. however, the primary consideration when terminating a signed agreement is cost, and the most cost-effective solution is to renegotiate the terms amicably.
if you don’t have a signed contract in place, both parties expose the transaction to legal interpretation by lawyers and civil court judges. ryan focuses on the holistic approach to the practice of elder law which seeks to ensure clients are receiving good care when needed and that they preserve enough assets with which to pay for such care. daniel graduated from the gonzaga university school of law and is licensed to practice law in illinois. “contractscounsel suited my needs perfectly, and i really appreciate the work to get me a price that worked with my budget and the scope of work.” their platform put me in touch with the right lawyers for my industry and the team was as responsive as humanly possible during the whole process.
you’ve negotiated an important agreement, you’ve reduced it to a written contract, and now you are ready to sign on the dotted line. if the contract has gone through a number of rounds of negotiations or revisions, don’t just assume that the copy put in front of you to sign is what you think it is. while a contract does not have to be dated in order to be valid and enforceable, it is a good idea to do so. in other words, you can provide that your contract is entered into “as of” or “effective” a date earlier than the date of the contract is actually signed. if that is done, the contract will be effective retroactively “as of” or “effective” that earlier date. if it is possible that the parties to a contract will not sign it at the same time, you might consider adding a section in the contract providing that the contract will not be legally binding unless it is signed by both parties.
the parties do not necessarily have to sign the same copy of the contract in order for it to be binding. however, if it is not possible to have have a contract revised and reprinted before it is signed, make sure that any changes made to the contract by hand are initialed by each party to the contract. if an entity is a party to a contract, it is imperative that the signature block properly identifies the party signing on behalf of that entity. thus, if the other party to the contract is a corporation, you need to be sure that the corporation is actually in existence, that the person signing on behalf of the corporation has the authority to do so, and, that the contract was approved by the corporation’s shareholders or directors. one original copy of the contract should go to you, and one original copy should go to the other party. the contact form sends information by non-encrypted email, which is not secure.
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