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What else can I help you with?
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.
what's the difference between settlement memorandum & a settlement agreement & release?
A settlement memorandum is a summary of terms agreed upon in a settlement negotiation. A settlement agreement is a legally binding document that outlines the terms of a settlement between parties. A settlement release is a document that releases one or both parties from further liability related to the dispute that is being settled.
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.
Family settlement agreement between heirs. Why do spouses have to sign?
In a family settlement agreement, spouses are often required to sign to ensure that all parties involved, including their respective rights and interests, are acknowledged and protected. This prevents future disputes by formally recognizing the agreement as binding on all heirs and their spouses. Additionally, spousal consent may be necessary to affirm that the agreement complies with marital property laws, which can vary by jurisdiction. Overall, signing helps to create clarity and legal enforceability in the distribution of assets.
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.
Is a listing agreement for the sale of property binding?
Yes, a listing agreement for the sale of property is generally considered binding once both the seller and the real estate agent sign it. This legal contract outlines the terms and conditions under which the agent will market and sell the property. However, the specific enforceability can depend on local laws and the terms included in the agreement itself. It's essential for both parties to fully understand their rights and obligations before signing.
What is a binding agreement?
Covenant
What is binding agreement?
Covenant
