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Probably. But WHY isn't each page initialed? Is it an oversight? Or was the person who didn't "initial" it communicating some disagreement with the language of the contract? The really important thing is that it's signed. Some contracts have to be in writing and signed, per the Statute of Frauds or the Uniform Commercial Code. Other contracts can be binding if done verbally or part verbally and part in writing, but if the written part has a space for somebody's signature and that person didn't sign it, how can you say there was a meeting of the minds and a real agreement? Not signing is a big problem. Not initialing each page is a smaller problem that is less likely to void the contract.
Wiki User
∙ 12y ago
Wiki User
∙ 7y agoA contract can only be valid and legal if the person who is agreeing to the terms of the contract signs their name.
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If an item line of a contract is changed and not initialed by both party's is it still a valid contract?
No. It is no longer valid.
How do you make written changes to legal document?
All written changes in a legal document have to be documented. Any changes must be initialed at the point of change.
Can a lender revise his contract without contacting the debtor?
The finance company has to have a contract signed by you. If they change something it has to be initialed by the customer. Unfortunatly, to fight this you would need to contact a lawyer which would probably cost more than $300. It is absolutely wrong for them to change a legal document after the fact of it being signed by the customer, but I have never seen a contract that actually states a grace period for repossession.
What happens if you break a legal contract?
A legal contract is binding. If you break the contract without having the legal right to do so as set in the terms of the contract or by having the contract declared void by a court, the other party has the right to sue you in order to be compensated for the value of the contract.
Is a vacation condo rental agreement a legal contract?
Yes, it is a legal contract.
Is a contract legal if there is only 1 legal entity involved?
For a contract to be enforceable, it must be legal. Therefore, if one of the parties signing the contract is not authorized to do so, the contract would be void.
free legal form for contract for deed ?
free legal form for contract for deed
Does a contract have to be signed at the bottom of the statement or can it be on a separate page?
If there are multiple pages of a contract they need to be numbered (1 of 5, 2 of 5, etc.) and each page initialed by both (all) parties to the contract, and the contract signed on the last of these pages. It should be clear that the pages belong together, a footer is always a good idea.
Legal age in Florida to sign a contract?
The legal age to contract is 18. Yes, they can be held to the contract.
To opt out of a contract?
If you opt out and have the right to do so it is considered terminating a contract. If you unilaterally decide to opt out of a contract and do not have a legal basis to do so; that is considered a breach of contract. If you breach a legal contract you can be sued.
Is a multi year contract legal?
ANY contract is legal as long as both parties agree to the terms
How do you write apology letters regarding cancelling of contract?
Get legal advice and have your lawyer do it. A contract is a legal agreement.
