Counterparts In Agreement
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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
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FAQ
Counterpart is a copy or duplicate of a legal instrument. Where an instrument, especially a contract, is signed by the parties on different copies, one of the copies is the original while the others are counterparts.
In order to speed up the process of signing a document, the document may be signed 'in counterpart'. This is where a copy of the document is produced for each party signing. The parties then each sign one of the copies rather than all of them, which, when brought together, form a complete executed document.
The definition of a counterpart is someone or something that is the equivalent to, or has the same features, functions and/or characteristics as someone or something else. An example of counterpart is when you fill the same role at your office as someone in a different branch office. One that serves as a complement.
Signing in counterpart means that duplicate contracts or deeds are printed so that there is a separate copy for signing by each party. The opposite situation is where one copy of the contract or deed is printed and signed by all parties to it.
A counterpart of a document is a copy. It is usually created: (a) to accommodate situations where parties are unable to execute a single document at the same time or. place because they may be, for example, located in different cities, countries, time zones or otherwise. unavailable at the time of signing.
