New York's Cooperative and Condominium Community
Does a contract signed by both parts without the date is valid, it has legal power?
Join the Conversation Comments (3)ABSOLUTELY NO!!!!!!!
Thank you for rating!
You have already rated this page, you can only rate it once!
Your rating has been changed, thanks for rating!
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
One might imagine that an undated contract would be invalid, but Googling around suggests that this isn't cut-and-dried. For example, suppose that you and Joe Schmoe sign a contract under which Mr. Schmoe will provide you services for two years for a stated fee per month. Mr. Schmoe does indeed provide those services for (say) six months and you pay during the same period. Then one of you becomes dissatisfied with the deal and tries to break the contract because it's undated. The law firm of Google & Google seems to imply that you couldn't do that since you have both implicitly agreed to the contract by your actions over the past six months.
I AM NOT A LAWYER and neither is Google. But "It's not binding because it's not dated" looks like an iffy argument at best.
Thank you for rating!
You have already rated this page, you can only rate it once!
Your rating has been changed, thanks for rating!
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Since this is a message board regarding real estate, my answer was narrowly framed. A contract for the sale or real estate must be in writing based on the Statute of Frauds, a lease for more than one year also must be in writing. Both must be dated. Oral contracts, which obviously are undated are valid in many areas, but not the sale of real estate. In your example you state it was a two year contract, when did the two years begin? Without a date it doesn't seem to be enforceable. However, if someone performs serfvices for another and there is an expectation of payment, oral or in writing, dated or not, if it can be proven that those services took place, payment would be expected. There are many examples of oral contracts being valid and, even undated ones when there are no problems. Real estate,however, is quite different.
Thank you for rating!
You have already rated this page, you can only rate it once!
Your rating has been changed, thanks for rating!
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Dianne, thanks for the clarification. In my example of a two-year contract for services, I would imagine that the two-year period would be determined to have started when the services began and when the first payment was made. Assuming both parties had cooperated for several months on those terms, it appears likely that the contract would be considered enforceable, even if undated. (But again, I Am Not A Lawyer.)
On further Googling, it turns out this identical question with its odd phrasing ("Does a contract signed by both parts without the date is valid, it has legal power?") has been posted to a number of discussion groups on the internet. In one case, the writer clarified what the contract was about: "The contract was signed between cooperative and cable company." If that is indeed the case, and the cable TV service has already been provided for awhile with payments made by the coop, then it looks like they're probably going to have to live with the contract.
Of course the bottom line is that the original poster's coop should CONTACT THEIR ATTORNEY and ask for a detailed analysis.
Thank you for rating!
You have already rated this page, you can only rate it once!
Your rating has been changed, thanks for rating!
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
You are right on the mark with the "contact attorney", but sometimes these questions are just that, questions, not necessarily pertaining to real life problems and I like to answer anything about which I am knowledgable.. I would hope that anyone with a real contract problem would contact an attorney. You used two phrases which made me chuckle, ASSUMING BOTH PARTIES, and, IT APPEARS LIKELY. These are some obvious examples of why oral contracts or others that are not complete and might not hold up in a court of law are so dangerous. You are right, once again, CONTACT A LAWYER and PUT IT IN WRITING.
Thank you for rating!
You have already rated this page, you can only rate it once!
Your rating has been changed, thanks for rating!
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Introduce yourself to other members of Board Talk! Log in below or register here.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Habitat U: learn about how to manage a building, and what you should know as a co-op or condo board member.
Search, by word or phrase, all magazine articles from January 2002 to present. You may print or email your results. Print subscribers receive free access to the Habitat Article Archive.
Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments
Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise
Got elected? Are you on your co-op/condo board?
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!
ABSOLUTELY NO!!!!!!!
Thank you for rating!
You have already rated this page, you can only rate it once!
Your rating has been changed, thanks for rating!
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.