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Second opinion] Is a legal agreement legal if not signed by…

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Second opinion] Is a...

Second opinion] Is a legal agreement legal if not signed by all parties? Is their any kind of common signatory period that is recognized? If over 2 years can the agreement still be binding if not signed by all parties?

Lawyer's Assistant: What state are you in? It matters because laws vary by location.

The parties involved are in Johannesburg, South Africa and Iowa.

Lawyer's Assistant: Has anything been filed or reported?

Not to my knowledge. I requested the fully executed agreements from the primary party and they sent me what they claim is the agreement but without all signatures.

Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?

Not at this time

Submitted: 8 months ago.Category: Legal
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Answered in 1 hour by:
9/6/2017
Lawyer: Attorney2, Attorney replied 8 months ago
Attorney2
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Welcome to JA and thank you for your question. I will be the Attorney that will be assisting you.

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Lawyer: Attorney2, Attorney replied 8 months ago

The requirements for a valid contract would include the acceptance of the terms by all of the parties to the contract. If all parties did not agree by signing the the contract the agreement is not fully executed and therefore not legally binding.

What type of contract is this as it may fall under the statute of frauds as well?

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Lawyer: Attorney2, Attorney replied 8 months ago

Statute of Frauds contracts required to be in writing:

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Lawyer: Attorney2, Attorney replied 8 months ago

Based on the period of time for the contract it exceeds the one year requirement. https://www.expertlaw.com/library/business/statute_of_frauds.html

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Lawyer: Attorney2, Attorney replied 8 months ago

Do you have any additional questions for me? Did you still want a second opinion?

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