South Carolina Counterpart Execution
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How to fill out Counterpart Execution?
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FAQ
A Standard Clause found in real estate agreements such as a lease or purchase and sale agreement providing the parties with the option to execute separate copies of an agreement in counterparts. This clause typically appears among an agreement's boilerplate provisions.
This Agreement may be executed in multiple counterparts, and any Party may execute any such counterpart, each of which when executed and delivered will thereby be deemed to be an original and all of which counterparts taken together will constitute one and the same instrument.
A counterparts clause states that the parties signing the agreement don't all need to sign the same copy and any copy of it may be treated as an original. Updated October 30, 2020: A counterparts clause states that the parties signing the agreement don't all need to sign the same copy.
This Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute but one and the same agreement.
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.
An approach to executing a document that is intended to have legal effect between two or more parties, that involves each party signing a separate (but identical) copy of the document and then exchanging their signed document for the one that has been signed by the other party.
This Agreement may be executed in counterparts, and may delivered personally or by facsimile or electronic transmission, and each counterpart will have the same force and effect as an original and will constitute an effective, binding agreement on the part of each of the undersigned.
