Legal Question in Business Law in Washington
Is a signed financial agreement drawn up by and signed by two business partners that is Notarized at time of singing considered a legally upheld document in the state of Wa?
2 Answers from Attorneys
Probably, if the agreement could otherwise be enforced. It is impossible to say for sure without knowing what is in the document. For example, an agreement to convey real property without the legal description of the property could not be enforced. Neither, I suspect, could you enforce an agreement to force a third partner to relinquish his interest without compensation.
But assuming the contract is otherwise valid, signing and notarization should be sufficient to show that agreement was made in most circumstances.
As a Franchise Attorney I agree with the other attorney answer. It is probably valid but more information about the "financial agreement" is needed. Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Foundations, a Professional Corporation
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