Every business owner signs numerous contracts as a normal part of doing business. Sooner or later, too many entrepreneurs will find themselves in court involved in a contract dispute.
Having signatures notarized on all important contracts can help to prevent future lawsuits or be valuable if a lawsuit becomes necessary. It can be inconvenient to do this when signing the contract, especially when everyone appears to be in such complete agreement, but can prove invaluable at a later date. No one will be able to claim that they didn’t sign the contract. Notarized signatures are automatically accepted by many state and federal courts.Not being forced to prove in court that the contract is indeed authentic will save both time and money.
Notarized signatures on important contracts are valuable for another reason: notaries are normally required to be bonded by insurance companies. If one of the signatories to the contract denies signing the contract, the notary can be called into court. If the notary failed to check ID, then the insurance company who bonded the notary will probably be held liable for any damages suffered by the business because of the notary’s error. The notaries bond will normally be for only a few thousand dollars, but in the event of a costly signature error, any business owner would rather have an insurance company help pay for the damages.
The Killion Law Firm focuses on business law and personal injury cases. For over 30 years, the firm has been providing experienced and skilled representation to their clients in both Texas and New Mexico. They understand how damaging a lawsuit can be to either a small or large business. Complicated cases will receive attention from a team of skilled and experienced attorneys, providing aggressive and dependable representation. Any business lawsuit deserves the best Corporate Litigation Attorney in Lubbock.
James L. Killion has been practicing law since he received his Juris Doctorate in 1978 from Texas Tech University School of Law. Mr. Killion practices before Federal and State Courts in Texas and New Mexico as well as the United States Supreme Court. The Texas Board of Legal Specialization has Board Certified Attorney Killion in Personal Injury Trial Law.