Correct name in the Development Agreement

Aug 6th, 2022
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You can use a contract amendment letter to list the changes to the original document and have both parties sign. You can create a contract amendment created from a template or from a legal services provider. You can add amendment pagesdigital or printto the end of the original signed contract.
If you have already contracted, and the contract is in force, a name change does not change anything. The new name would hold good for whatever new things you would do. It is very simple : rights and liabilities cannot get extinguished by a mere change in name.
The bad news is that changing your name doesnt affect the terms of the contract at all. The good news is that the other party is also bound by the contract. If they havent done what they agreed to do, and you have damages (for example, not being paid), you can sue to enforce the contract.
If a company changes its name, a contract will still be valid.
A mutual mistake occurs when the parties to a contract are both mistaken about the same material fact within their contract. They are at cross purposes. There is a meeting of the minds, but the parties are mistaken. Hence the contract is voidable.
Absolutely. If the contract was legal and accepted by signing, the fact that the signer changed his/her name should not void the contract.
The legal name on contracts is the registered, official name of the individual or corporation taking part in the agreement. When both parties sign a contract, it becomes legally binding. For this reason, its important to make sure that you use the correct, legal names of each party when creating a business contract.
A development agreement shall specify its duration, the permitted uses of the property hereunder, the density and/or intensity of use, the maximum height and size of proposed buildings, provisions for reservations or dedication of land for public purposes, and requirements for construction and maintenance of on-site

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