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FAQ for Notarize contract addendum
Are notarized contracts legally binding?
What Makes a Document Legally Binding? A document that's legally binding can be upheld in court. Any agreement that two parties make can be legally enforced, whether it's written or verbal.. Getting the contract notarized proves each party signed the document (since no one can claim their signature was forged).
Does an addendum to a contract need to be notarized?
Generally, unless the terms of the contract specify otherwise, a valid addendum requires the signature of all parties who signed the original contract. This provides evidence that all parties agreed to the addendum, though for the agreement to be enforceable, all parties must also understand what they are signing.
Should contract be notarized?
As a rule, the notarization of a contract is not required for its validity. Article 1356 of the Civil Code clearly states that contracts are obligatory, in whatever form they may have been entered into, provided all the essential requisites for their validity are present.
Are addendums legally binding?
An addendum can be created by persons other than the ones who signed the original contract. Amendments are considered part of a contract until it is next negotiated, while an addendum is a legal and binding part of the contract.
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