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Ratification: approval of agreement by the state After approval has been granted under a state's own internal procedures, it will notify the other parties that they consent to be bound by the treaty. This is called ratification. The treaty is now officially binding on the state.
Ratified; ratifying. : to make valid or effective. especially : to adopt or affirm (as the prior act or contract of an agent) by express or implied consent with the effect of original authorization.
Ratified contracts are most commonly used in real estate and refer to a legally binding agreement that has been initially accepted by both the buyer and the seller, typically following negotiations and the signing of a purchase offer.
To ?ratify? a lease means that the landowner and oil & gas producer, as current lessor and lessee of the land, agree (or re-agree) to the terms of the existing lease.
The largest state employee union, AFSCME, represents 7 of the 17 bargaining units, covering approximately 17,000 employees (some of whom are part-time). The next largest union, the Minnesota Association of Professional Employees, represents over 13,500 employees (some part-time).
In the home buying process, a real estate contract is ?ratified? once the buyer and seller have both agreed to terms, but have not completed the final execution. This takes place after an offer has been accepted and earnest money has been exchanged.
The National Public Employer Labor Relations Association (National PELRA) provides professional development, networking, and advocacy services to Labor Relations and Human Resource professionals, so that public sector employers may deliver the most efficient and effective services to citizens and taxpayers.