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In law, capacity refers to a party's ability to enter into a legally binding relationship with another party. For example, a minor lacks capacity to enter most contracts that are legally binding such as a promissory note, lease or sales agreement. A person under a legal guardianship lacks the capacity to sign a contract.
After a signature line, the word capacity is asking for the actual qualification of the person signing such as president, owner, lessee, guardian, attorney in fact, etc. That feature is more commonly used in business contracts where the authority of the person signing must be confirmed.
Wiki User
∙ 9y ago
Wiki User
∙ 13y agoIn case of signature by proxy. For example I sign your name as POA(power of attorney) then capacity would be poa.
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What does by mean on a contract signature line?
Itmeans
What does 'by' on a construction contract signature line mean?
Itmeans
What does By and Its mean in a contract signature line?
It sounds like a signature line designed for a corporate entity. For example: ". . . by Samantha Santucci its President and Treasurer . . . "
What does slash s before a name on a signature line mean?
The slash s before a name on a signature line typically stands for "for" or "on behalf of." This indicates that the person signing the document is signing in a representative capacity for someone else or a group.
What does title mean on a contract signature line?
The word "title" refers to the name of the position in which the signatory has obtained the authority to sign. For instance, Signed, John Diddleyamore CEO and President (As authorized by the Board of Directors)
What does capacity of person signing mean?
The role of the person signing (the contract/document)
What does Its mean on the sinature line of a document?
"Its" on the signature line of a document could be an abbreviation for the person's name or initials. It is common for individuals to sign documents using their initials to provide a quick and recognizable signature.
What does its mean on a contract signature line?
"Its" means, literally, just that. As in you are "John Smith" signing on behalf of "John & Co" as Its President. The purpose of this is to indicate that you are signing only on behalf of the entity rather than as an individual, therefore protecting you from personal liability.
Power of attorney mean a lawyer?
Any person having the capacity to contract is qualified to act as an attorney-in-fact.
What does At mean after the signature on a contract?
It seems most likely to mean "Attorney". Many attorneys don't like the formal title "Esquire" (Esq. in signatures), it sounds old fashioned and seems to represent a masculine tone.
What does a s slash s mean on a signature line?
/s/ on a signature line means that the signature is on the original document, not on the copy that you're holding. It is a representation that the original document is properly signed, but for some reason you only have an unsigned copy of the document. An unsigned copy of a document may be used for reference only or it may be a file copy (when it is not necessary to have a signed copy of the document).
What does - before a signature mean?
N.K.A before a signature means "now known as."
