Below is a list of the most common customer questions. If you can’t find an answer to your question,
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Who keeps the original copy?
The buyer keeps the original copy of Agreement to Sell (one copy is scanned and kept with Registrar ) . If the buyer has availed of loan then the lender keeps the original copy of the Agreement to sell in custody till the loan is repaid . Post this, the document is returned to the Buyer.
Is a copy of a will as good as the original?
If the original will has been lost but a true copy of the original is in existence, this copy can be used to obtain a grant of probate. In order for probate to be granted, the executor of the estate needs to prove that: the copy of the will is accurate; the will was validly signed and witnessed; and.
Is a copy of a contract legally binding?
The term "counterpart" is used in legal documents to describe a copy of a contract which is signed and is considered legally binding, in the same way as the original. In many cases, several copies of a contract document are prepared, so that all parties and signatories can have a copy of the contract.
Does a copy of a contract hold up in court?
Generally, a copy of a contract is admissible in most (perhaps all) American courts. However, if the matter truly were to proceed to trial, you or an attorney representing you (a) might succeed in keeping the copy out of evidence based on
How many copies of a contract should be signed?
Copies: Each party needs its own copy of the agreement, with original signatures on it. Two copies with two signature pages should be prepared. Each party should sign both pages and then receive an original copy. Execution: Contracts aren't executed until both parties sign them.
Should each page of a contract be initialed?
There is no statute or law that demands that each page of a contract be initialed. Written contracts are binding if signed once by the parties to the contractso don't assume you wan wiggle out of a contract because you did not initial it on every page; the contract is binding if signed on the last page.
Is a photo of a signed document legal?
There is a principle in US law known as the "best evidence" rule -- which permits only the "best evidence" of a fact under dispute to be admitted. If you have a photocopy of the contract, that's even better, as the document itself can be reviewed by the fact-finder (and opposing party).
Is a scanned copy of a signed document legal?
Having a scanned signature(s) on a document is valid. This has to be the case in a world where we are more likely to work with someone geographically far, than local. To reiterate, having a scanned signature on a contract is perfectly acceptable under law. But acceptance isn't the issue.
Is a scanned signed document legal UK?
A scanned signature is binding so long as it's a signature to show acceptance.
What is the execution of an agreement?
An executed contract is a legal document that has been signed off by the people necessary for it to become effective. The contract is often made between two or more people, but it can also be between a person and an entity, or two or more entities.
How does a company execute an agreement?
3.1 Signature of Directors and Company Secretaries The most common way that companies execute agreements is to have the agreement signed by the directors and secretaries of the company. The Corporations Act provides methods of correct execution of agreements by the signatures of directors and company secretaries.
What does it mean to execute a document?
When a person "executes" a document, he or she signs it with the proper "formalities". For example: If there is a legal requirement that the signature on the document be witnessed, the person executes the document by signing it in the presence of the required number of witnesses.
What is the difference between signed and executed?
Dictionary.com To make valid, as by signing: execute a deed. To perform or carry out what is required by: execute the terms of a will. There is a very subtle difference here. As you can see, you can execute a deed by signing it to make it valid.
Can an agreement be executed as a deed?
Deeds can also be advantageous even when they are not strictly required by law. For example, if only one party under a contract is receiving a real benefit from an agreement, it would be advisable under English law to execute the contract as a deed so that it is not void for lack of consideration.
Can a deed be executed by one party?
There appears to be a practice (particularly with compromise agreements) whereby one party purports to execute a document as a deed and the other party executes the document as a simple contract. My understanding is that a document cannot take effect as a deed for one party, and a simple contract for the other.