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It is not necessary to have both signatures. It certainly helps if there is a legal issue. If the other party signed it, you will likely be able to hold them to it. Oral contracts can be valid as well. The difference would be dealing with real property (land).

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14y ago
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10y ago

In most cases, the contract only needs to be signed by the party sought to be bound.

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10y ago

No, both parties do not have to sign a promissary note for it to be binding and legal. However, a promissary note has to be signed by the borrower inorder for it to be legal and binding.

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Q: Does a contract have to be signed by both parties to be legal?
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Related questions

Can you get out of a contract?

If both parties are in agreement to the terms. Otherwise any written contract, signed by both parties, must be kept.


Is a contract valid if all parties named have not signed it?

It can be held to be valid. If the parties are acting as if both parties have signed it, it will be enforced.


Are you under contract in real estate with no document?

If the parties haven't executed a contract signed by both parties then you are not "under contract".


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There are two meanings for a fully executed contract: 1.) When signed by both parties. 2.) When the contract has been fully performed by both parties.


Can a boss decied not to go through with a signed contract at anytime?

A contract signed by both both parties is enforceable and cannot be withdrawn from except as provided for in the contract itself.


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ANY contract is legal as long as both parties agree to the terms


Can a condition of a contract be changed after the contract is made?

onl yif it has not been signed by both parties


Can you get out of a car contract?

Only if both parties agree to dissolve the contract or the contract was an illegal contract or it was signed under duress.


Should a signed contract be produced in a Breach of Contract lawsuits?

A signed contract is a key piece of evidence. It shows that both parties agreed to specific language. Without it, the evidence of the contract and its terms has to be inferred from the actions of the parties.


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Generally not. A signed contract is generally binding and requires both parties agree to terminate the contract and create a new one.


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Not unless both parties of the contract have violated their terms to provide a good and/or service.


Is a rental agreement signed by both parties, yet un-notarized, considered to be a legal document in Oklahoma?

No. A contract signed and dated by both parties is binding, and does not need to be notarized or witnessed. i would think that it would be the same wear every you are weather it be ion the moon or earth or even mars>