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Executing documents electronically

Execution of Agreements and the validity of Electronic signatures

Published: January 0001
Pages: 4
BESA Product Code: LC 55

Execution of Agreements and the validity of Electronic signatures

TYPES OF CONTRACTS
A legally binding contract can come into existence in three ways:
 oral;
 written (signed underhand);
 written (deeds)

The main difference is that there are further requirements for the execution of a deed. Deeds must be in writing and will typically be executed in the presence of a witness (note in the case of a company a deed may be executed effectively by two directors or a director and the company secretary. Specific wording should also be included above the signature blocks.

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