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Is an unnotarized property settlement agreement legally binding?
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Can a wife make a binding agreement on the joint property?
No. She would need her husband's written consent to make the agreement binding. All the owners of the property must sign.
How can you change a signed auto insurance settlement?
You don't. A signed settlement is a legal binding agreement between you and the insurance company.
If land was deeded to spouse after marriage who gets it in divorce?
Unless you have a pre-nup, or some other binding agreement, you will most likely have to include the land in the property settlement. There would have to be an appraised value, and any increase in value after marriage is marital property. Been there, done that.
Does an agreement need to be witnessed by an independent person?
In general, no. A contract does not even need to be written to be binding in many cases. (However, it is best practice to reduce any agreement to writing.) Some types of contracts require witnesses or notaries. Check your state law if you are dealing with a settlement agreement, a property transfer, or any agreement covering a large amount of money or property. However, should there be some dispute about the validity of the agreement or the terms of it, an independent witness would be a strong factor in court.
What does this option shall run with the property and shall be binding upon any subsequent purchaser of the property mean?
This is a line from a purchase or lease agreement fora piece of property. It implies that whatever option is being specified will remain with the property for subsequent purchasers and cannot be stricken from the agreement.
Does the grantee have to sign the quitclaim deed?
Generally, the grantor signs the deed unless it contains an agreement that the grantee must agree to to make the agreement binding on the grantee.Generally, the grantor signs the deed unless it contains an agreement that the grantee must agree to to make the agreement binding on the grantee.Generally, the grantor signs the deed unless it contains an agreement that the grantee must agree to to make the agreement binding on the grantee.Generally, the grantor signs the deed unless it contains an agreement that the grantee must agree to to make the agreement binding on the grantee.
Who can enter into a new rental agreement if the old landlord dies?
Only the legal owner of the property can enter a binding rental agreement with the tenant. You would need to find out if the property was probated and whether legal title passed to a beneficiary or heir.
What is a binding agreement?
Covenant
What is binding agreement?
Covenant
what are Difference between a contract and an agreement?
a contract is LEGALLY BINDING, an agreement is not necessarily legally binding depending on the circumstances
How binding is a purchase agreement?
Contracts are legally binding on both parties to them.
What is another name for the contract of agreement?
A Legally Binding Agreement.
