Execution Of Instrument (Noun)
Meaning
(law) the completion of a legal instrument (such as a contract or deed) by signing it (and perhaps sealing and delivering it) so that it becomes legally binding and enforceable.
Classification
Nouns denoting communicative processes and contents.
Examples
- The execution of instrument is a solemn and formal matter, subject to specific rules and procedures to ensure its validity and enforceability.
- In order to complete the execution of the instrument, the parties involved must sign the document and have it witnessed and notarized where applicable.
- Prior to the execution of the instrument, it is essential that all parties involved have carefully reviewed and understood its terms and conditions.
- The execution of the instrument may involve additional formalities, such as the affixing of a seal or the payment of consideration.
- If the execution of the instrument is incomplete or defective, it may result in the document being deemed invalid or unenforceable.