Witnessing a deed
In certain circumstances, a party’s signature to a deed must be attested by a witness. For example, if the executing party is an individual or if a company executed the document by the signature of one director.
There is no statutory requirement for a witness to be independent or disinterested. Therefore there is no prohibition with a director’s wife witnessing his signature when he is signing for and on behalf of a company. However, it is important to be aware that if necessary, unbiased evidence of what was signed may be required as a matter of best practice.
An exception to the rule above would occur if both a husband and wife were party to a deed in their individual capacities. In these circumstances, they are not permitted to witness each other’s signatures and a third party witness should be sought.
Enjoy That? You Might Like These:
articles
26 May
Lenders may address the risks in their loan documentation when an existing customer transfers assets or property to a new owner, and the lender is asked to confirm existing security... Read Morearticles
10 April
A key court ruling confirming that lenders can charge higher interest after a default, as long as the rate is commercially justified and not simply a punishment for borrowers. Read More
