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Under common law, documents that were signed under seal were considered more reliable and therefore given greater deference and protection under the law primarily in the form of a longer statute of limitations ? much longer. In some states, the statute of limitations for contracts signed under seal is 20 years.

The seal is used to execute a legal document or guarantee the document's authenticity. A seal is unique to a sealer and is used by government agencies, corporations and notaries public to show that the document is validly executed, acknowledged or witnessed. [Last updated in June of 2022 by the Wex Definitions Team]

Firstly, the following of the legal formality of affixing a seal to a document was evidence of the existence of a contract. Secondly, the need to use a seal ? widely known to have legal significance ? served to impress upon the parties the significance of the agreement being made.

Seals are used primarily to authenticate documents, specifically those which carry some legal import. There are two main ways in which a seal may be attached to a document.

At the moment, seals are utilized to authenticate documents like birth records, marriage records, and real property deeds. Furthermore, they are used for authenticating signatures which a Notary Public witnesses and also in the formalization of corporate documents.

Some of the documents you might want to use a company seal on include: employment and vendor contracts. minutes from Board of Directors meetings. leases. agreements of sale. loan documents. other commitments by the company.

The word ?SEAL? at the end of (or below) a signature line means 'signature'. For example, a mortgage note or Fannie Mae/Freddie Mac Texas Deed of Trust will have ?(Seal)? at the end of the line for the borrower's signature. A person's signature is considered their seal.

A company seal is a stamp that corporations use to finalise contracts and execute company documents. It is the equivalent of a signature. A company seal is also referred to as a corporate seal or a common seal. In the past, the law enforced companies to use a company seal on documents.