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

Format

application/PDF

Volume

2

Page

206

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