Remove Surname Field into the Contract Amendment and eSign it in minutes

Aug 6th, 2022
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How to Remove Surname Field into the Contract Amendment

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[Music] todays video podcast is to address how to make a name change on a contract i have received this question several times but the answer depends on what is really needed a name change of the original buyer or a change out of the original buyer when an individual is asking about a name change only like in the case of a marriage or divorce then the title company can prepare a name affidavit having that person signed stating that they are one in the same person just a different name when its a buyer be sure that the lender if any also knows about the name change if the name change is due to a change in marital status it may affect how the loan is under written please note when a name change occurs the id used at closing must match the new name the notary must use the name shown on the id so please remind your client to update their state issued id or passport before closing if the name change is not just a change of name of the current buyer but rather a change of buyers then an as

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In some cases, if you submit incorrect information, such as the wrong name on a legal document, it can render the entire contract or liability waiver unenforceable. For example, if you sign a contract with someone elses name or use an invalid online signature, the document could be considered invalid.
Whenever signing a business contract, use your complete legal business name. If you have incorporated, your business is its own entity and should be treated as such in the contract. Your legal name as an individual should not be listed.
A contract amendment allows the parties to make a mutually agreed-upon change to an existing contract. An amendment can add to an existing contract, delete from it, or change parts of it. The original contract remains in place, only with some terms altered by way of the amendment.
Name Changes During Contract Duration Some contracts might already include terms in the contract, which identify what happens if a company changes its name. For those contracts not including such language, it is important for the parties to immediately modify the contract to identify the change in name.
A name amendment is a form filed with the state in which your business is located to officially change the name with the states records.
It is not illegal to alter a contract once it has been signed. However, it must be materially changed, meaning that if an important part of the contract is altered by the change, it must be made by mutual consent of both parties.
Is a contract still legal if a person legally changes their name after signing? Yes it is. Even if you change your name after, you are still responsible for that contract because that was your legal name at the time of signing it.
If you think about it, that would be a neat way to avoid debts, by just changing the name of the business. So, no, a name/entity type change doesnt mean a contract is void.

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