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Páginas: 2 (324 palabras)
Publicado: 17 de julio de 2012
What is a Legal Instrument?
Is a legal term of art that is used for any formally executed written document that can be formally attributed to its author, records and formally expresses a legallyenforceable act, process, or contractual duty, obligation, or right, and therefore evidences that act, process, or agreement. Examples include a certificate, deed, bond, contract, will,legislative act, notarial act, court writ or process, or any law passed by a competent legislative body in municipal (domestic) or international law. Many legal instruments were written under seal byaffixing a wax or paper seal to the document in evidence of its legal execution and authenticity (which often removes the need for consideration in contract law); however, today many jurisdictions havedone away with the requirement of documents being under seal in order to give them legal effect. Others, such as Australia, have re-interpreted sealing as a formally attested signature.
What isexecution of an Instrument?
The completion of a legal instrument such as a contract or deed by signing it (and perhaps sealing and delivering it) so that it becomes legally binding and enforceable.What is a testimonium clause?
is the last section of a will or conveyance reciting the date when an instrument was signed, by whom it was signed, and in what capacity. Before signing a deed,a grantor should make sure that everything is in order like the spelling of names and legal descriptions. The clause "In witness whereof the parties to these presents have hereunto set their handsand seals this day and year written above" is an example of this clause. This is also referred to as testatum clause or witness clause.
What is an acknowledgment?
It is a declaration oravowal of one's own act, to give it legal validity, such as the acknowledgment of a deed before a proper officer. The term also refers to the certificate of the officer attesting such declaration.
Is a legal term of art that is used for any formally executed written document that can be formally attributed to its author, records and formally expresses a legallyenforceable act, process, or contractual duty, obligation, or right, and therefore evidences that act, process, or agreement. Examples include a certificate, deed, bond, contract, will,legislative act, notarial act, court writ or process, or any law passed by a competent legislative body in municipal (domestic) or international law. Many legal instruments were written under seal byaffixing a wax or paper seal to the document in evidence of its legal execution and authenticity (which often removes the need for consideration in contract law); however, today many jurisdictions havedone away with the requirement of documents being under seal in order to give them legal effect. Others, such as Australia, have re-interpreted sealing as a formally attested signature.
What isexecution of an Instrument?
The completion of a legal instrument such as a contract or deed by signing it (and perhaps sealing and delivering it) so that it becomes legally binding and enforceable.What is a testimonium clause?
is the last section of a will or conveyance reciting the date when an instrument was signed, by whom it was signed, and in what capacity. Before signing a deed,a grantor should make sure that everything is in order like the spelling of names and legal descriptions. The clause "In witness whereof the parties to these presents have hereunto set their handsand seals this day and year written above" is an example of this clause. This is also referred to as testatum clause or witness clause.
What is an acknowledgment?
It is a declaration oravowal of one's own act, to give it legal validity, such as the acknowledgment of a deed before a proper officer. The term also refers to the certificate of the officer attesting such declaration.
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