Ratings. Guidance. The Right Lawyer.
When does a contract begin if not specificly identified in the contract, on date of signature of owner or customer?
Detroit, MI
Viewed 94 times.
Posted 6 months ago in Contracts / Agreements
Flag as objectionable
When does a contract begin if not specificly identified in the contract. The customer stands that the start date begins when the owner of our company signed the agreement. The contract is for 5 years, and there is a month of delay between the customers signature and the owners.
The heart of the matter is dealing with renewal of the contract. The customer believes it is in July we believe it is in June. Failure to re-sign before expiration results in a re-instatement fee being assesed to the eventual renewal. Answers (1)
Kenneth V. Zichi
This attorney is licensed in Michigan.
Posted 6 months ago.
Flag as objectionable
In general a contract is effective when BOTH parties have signed it, and not before. Until both sides agree, there is no 'contract' so I'd believe absent other information that July is the effective date. If you want to push this I'd suggest consulting with a local lawyer who can actually read the contract would be in order!
|
