Regulate Name Contract For Free

However, the correct legal name for a deed that has been drawn up to change someone's name is a Deed of Change of Name (but more commonly known as a Deed Poll).

No change is necessary. Changing your name does not get you out of contracts. It might make it easier for someone to dishonestly claim they weren't the person who signed it, but it has no legal impact on the contract.

In general, a typographical error or minor misspelling of your name is unlikely to invalidate a contract. However, if your name is completely incorrect, it could be argued that the contract is not binding because it does not accurately identify you as a party to the agreement.

Absolutely. If the contract was legal and accepted by signing, the fact that the signer changed his/her name should not void the contract.

All references to the former names of the Newly Named Parties in the Purchase Agreement (and in all other provisions of the Transaction Documents) shall be replaced with the new names of the Newly Named Parties upon completion.

Name Changes During Contract Duration Some contracts might already include terms in the contract, which identify what happens if a company changes its name. For those contracts not including such language, it is important for the parties to immediately modify the contract to identify the change in name.

Amendment: If a contract mistake is identified, the parties may amend the agreement to fix the problem. This may include negotiating and revising the contract's provisions to match the parties' original purpose.

It is important to note that the contract is not void simply because of the name change. This is because a new entity is not created with a corporate legal name change, it is the same entity simply with a different name.

A contract is an agreement between parties, creating mutual obligations that are enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.

Two High Court decisions illustrate that even when a legal name is not used in a contract, the agreement may still be valid as long as clear intention is displayed. However, it's best to get it right when you initially draft the contract.