Block Out Company Deed For Free

A properly appointed director will generally have at least implied authority to sign a contract on behalf of a company so long as the contract relates to the company's ordinary course of business.

Effect of a deed The general rule is that once a party has executed a deed, it will take effect against that party in favour of the other named parties even though it has not been executed by those other parties, unless it: Was delivered subject to a condition that all such parties must execute it.

There appears to be a practice (particularly with compromise agreements) whereby one party purports to execute a document as a deed and the other party executes the document as a simple contract.

Execution block (deed): individualUse this execution clause where an individual (or "natural person") is executing a deed. To access this resource, sign in below or register for a free, no-obligation trial. To access this resource and thousands more, register for a free, no-obligation trial of Practical Law.

Execution of a deed was traditionally done through the signatures of two company directors, one director and the company secretary or by affixing the company's common seal to the document.Companies can also still execute deeds using a company secretary or the signatures of two directors.

Execution of a deed was traditionally done through the signatures of two company directors, one director and the company secretary or by affixing the company's common seal to the document.

In order to execute a contract validly, it must be signed on behalf of the company by a director, a company secretary or an authorised signatory. In Scots law, an authorised signatory is anyone who has been given authority by the company to sign. Such authority is usually given by the board of the relevant company.