![]() If you cannot look for a notary, a lawyer can act as an impartial witness too. They are involved in the notarization/ signing of important documents (also called notary acts.) Notarizing documents ensures you understand the information on the proposals before signing. You can find a notary in your local town. What Is a Notary PublicĪ notary public is basically someone from the secretary of state who acts as an impartial witness for the public in a range of official fraud-deterrence situations. The contract will still be legally binding, but the judge can interpret the words on their own terms. The wording clarifies what each party is legally bound to do, so if a contract is poorly worded, it can lead to misinterpretation. If you forget to include an item in the document, it doesn't exist in the agreement. It's important to be careful how you word the document, as you'll need to include all essential terms. Contractual parties can require a contract to be voided if they bring evidence that one of the three main elements was not met when they signed the contract.Ī document that's notarized is a secure way to sign a contract, but the document will still be legally binding and upheld in court without being notarized. Keep in mind that just because a document is legally binding, it doesn’t mean it cannot be voided.Consideration: The contract's motivation, such as monetary exchange or confidential information protection.Ĭapacity: All parties signing the contract must have the legal age, sound mind, and authority to do so. ![]() ![]() Subject: The agreement includes the offer in specific, unambiguous terms.There are three main elements all legally binding documents should include: The Key Elements of Legally Binding Documents The document has the notary's mark and seal.Getting the contract notarized proves each party signed the document (since no one can claim their signature was forged).The signature binds both parties to the terms.Their signature is proof they accepted the contract.When both parties acknowledge and agree to the contract terms, the following happens: A signed document is considered a legal contract. If there isn't a document, it's hard to say what conditions the parties agreed on, as each of them may have a different opinion or recollection of the verbal agreement. A signed document is important because it provides proof that an agreement exists and shows both parties agreed to identical terms. Any agreement that two parties make can be legally enforced, whether it's written or verbal. What Makes a Document Legally Binding?Ī legally binding document can be upheld in court. The lessor often agrees to give the apartment for a specific length of time in a certain condition, while the lessee agrees to pay a set amount for rent each month and not participate in any behaviors that are destructive. A legally binding document is an agreement that has been made between two parties where specific actions are prohibited or required on behalf of one or both of the parties.įor example, an apartment lease is a legally binding contract, as the lessee and lessor agree to a certain number of conditions when they sign this document. Legally binding documents require both parties' signatures.
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