Publication Type
Case note/Digest
Publication
Singapore Law Journal (Lexicon)
Publication Date
1-2022
Abstract
Parties (“creditors”) who loan money to others (“debtors”) are often concerned that the debtors will be unable or unwilling to repay them. Such creditors may then enter into deeds of guarantee with third parties (“guarantors”) to secure the repayment of their loans if their debtors default on payment of the same. Unlike a contract, a deed does not require consideration to be legally enforceable. However, for a deed to be legally enforceable, several other formalities must be fulfilled. In particular, the deed must be “signed, sealed, and delivered”.
Disciplines
Dispute Resolution and Arbitration
ISSN/ISBN
2737-5048
Publisher
SMU Lexicon, SMU School of Law
Version
publishedVersion
Copyright Holder
Singapore Management University
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Format
application/PDF
Citation
TAN, Robbie Shih Rong.
The precise ambit of the sealing requirement for deeds. (2022). Singapore Law Journal (Lexicon). 2, 206.
Available at: https://ink.library.smu.edu.sg/sljlexicon/9
Volume
2
Page
206