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When the principal die the irrevocable power of attorney is valid or invalid?
when the principle die the irrevocable power of attorney is valid or invalid
Does invalid corporation have capacity to contract?
no!
What is unenforceable contract?
Invalid for some legal reason
How do I get out of a real estate contract?
You should have the contract reviewed by an attorney for validity. Many contracts are poorly drafted or improperly signed even when drafted by an attorney. An invalid contract may be your only possible solution. It would be worthwhile to have the contract reviewed as soon as possible to determine if your deposit can be saved. If the contract is valid then you are bound by the agreement. In that case perhaps the attorney could negotiate with the other party on your behalf to lessen the consequences. Reminder: A contract is executed in order to create a legal obligation to honor an agreement. One of the main purposes is to prevent one party from "backing out" without suffering consequences. Generally, you can't get out of the contract unless there is an escape clause. For example: "This offer is contingent upon a satisfactory purchase and sale agreement acceptable and approved by the buyers attorney within 14 business days"
How do you get the court to suspend the contract?
One way would be to convince the court to declare that the contract is invalid for some reason.
What happens to the power of attorney when someone dies?
When someone dies, the power of attorney becomes invalid and no longer holds any authority.
How do you know that a poa has not had the will changed?
A POA does not give the attorney-in-fact the power to change a will. A will signed by an attorney-in-fact would be invalid. A will must be signed by the testator.
What are valid and invalid contracts?
"Invalid contract" might describe the terms of an agreement that purports to be a contract--but by one or more legal theories does not constitute one, and is therefore unenforceable as one. This refers to a defect in contract formation--whose elements are those of mutual assent (effectively-communicated offer and acceptance) and consideration (a bargained-benefit or detriment). An "invalid contract" may or may not be enforceable as a set of one or more enforceable promises, depending on whether alternative theories apply, such as that of promissory estoppel.Void contract, as compared with voidable contract,refers to a contract that has become void by reason of one or more contract-law avoidance theories. A voidable contract is one voidable at the option of one of the parties. Two examples: a contract entered into for an illegal purpose is void. A contract entered into by a minor is voidable at the minor's option unless subsequently ratified.
Does a promissory note need to be notarized?
No, a promissory note does not need to be notarized to be enforceable in a court of law. Virtually every promissory note on a mortgage is not notarized although a lender might require a borrower to have someone else at least witness it. A promissory note is nothing more than a formal contract to repay a loan on certain terms and conditions. In other words, it is nothing more than a fancy I. O. U. Contracts are not required to be notarized to be effective. The benefit of having a contract notarized is that it proves that the person who signed the note is in fact the person it is being enforced against.As an aside, mortgages (as opposed to the mortgage note) must be "acknowledged" in front of a notary, but that is generally a requirement for the mortgage to be recorded publicly rather than to have it be effective.No, it does not.
Is contract valid karate school martial arts school closed?
If they are unable to provide their side of the contract, the contract is invalid. If the services have already been provided, there is an issue. The other issue is that the contract may not be between you and the karate school. It may be between you and a finance company. They made an agreement to pay the karate school money, perhaps up front, you in turn agreed to pay the finance company. If it is a high value contract, you may want to consult an attorney. Otherwise, read the contract carefully and see who the parties are.
Termination clauses always make a contract invalid for lack of consideration True or False?
false
If the notary believes a signature is real is it fraud if a power of attorney is signed in LA then notarized in MS without signed witnesses in either state and if so what are the repercussions?
The POA would be invalid if it was not signed before the notary who "notarized" the signature. The MS notary should be reported to the MS Secretary of State's Office and a copy of the POA should be provided with the complaint if possible. You can find the contact numbers for the MS SOS at the link provided below. You can call their office for further information.
