Is it legal and is it safe for me, as the seller, and the buyer to sign 2 of the exact same contracts so that I keep 1 original and the buyer keeps the other original without need to copy?
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Is it legal and is it safe for me, as the seller, and the buyer to sign 2 of the exact same contracts so that I keep 1 original and the buyer keeps the other original without need to copy?
Asked on April 24, 2017 under Business Law, California
Answers:
S.L,. Member, California Bar / FreeAdvice Contributing Attorney
Answered 7 years ago | Contributor
Since both contracts are identical, there should not be any problem with both parties keeping identical originals of the signed contract instead of a copy.
The provisions of the contract (four corners of the instrument/document) are determinative, not the number or absence of copies.
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