Monday, July 28, 2014

Ratification of a contract by a trustCan an agreement regarding property rights be ratified by a trust if the trust is the owner of the pro...

Question

Ratification of a contract by a trust

Can an agreement regarding property rights be ratified by a trust if the trust is the owner of the property but not a signature on the contract? The contacrt was signed by a beneficiary of the trust who has no legal rights to the property.



Answer

Re: Ratification of a contract by a trust

Your question is terribly vague and difficult to answer with specifics. Generally, if all of the parties in interest consent to an agreement then the agreement is enforceable.



No comments:

Post a Comment