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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.

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.

An individual may execute a document by simply signing it. Although not generally required by law, it is prudent for an individual's signature to be witnessed by a person who is not party to the document. See 'Execution of deeds' below for the additional witnessing requirements where an individual executes a deed.

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.

Execution of a contract in counterpart involves each of the parties signing separate (but identical) copies of the contract. Each party then exchanges their signed counterpart with the signed counterparts of the other party or parties.

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.

Related Content. A way of executing a document that is intended to have legal effect between two or more parties, which involves each party signing their own separate copy of the document and then exchanging their signed copy for the copy that has been signed by the other party.

When a person "executes" a document, he or she signs it with the proper "formalities". For example: If there is a legal requirement that the signature on the document be witnessed, the person executes the document by signing it in the presence of the required number of witnesses.

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.

Counterparts. Simple contracts and deeds are often executed in counterparts. This means that each party to the contract will sign separate but identical copies of the same document. The signed copies will together form a single binding agreement.