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In business or in your personal life, there are many documents that you will have to sign.
It’s important that you read and understand the terms and conditions of any legal document or contract that you are signing so you know exactly what you’re getting into.
Although it is a given that you must read and understand the content of any contract that you are signing, there are some contracts, forms, or legal documents where a phrase is specifically included to bring this to your attention.
For example, you may have seen the following legal phrases:
Let’s understand what this means from a legal perspective.
When you sign a document containing the phrase “by signing this document, you agree…” or “by signing this agreement, I agree…”, it means that you are expressly agreeing to the terms and conditions presented to you.
In some cases, the terms and conditions that you are being asked to agree to are contained within the same document.
For example, “by signing below, I acknowledge that I have read and understand the content of this agreement”.
This could be the case in an employment contract, a non-disclosure agreement, a license agreement, or other types of legal agreement.
In other cases, you may be asked to agree to terms and conditions that are outside of the document you are signing.
For example, “by my signature, I acknowledge that I have read, understand, and agree to the policies and procedures given to me on this date”.
In this case, you are agreeing to the policy terms and conditions given to you in a separate document.
A slight variation from the phrase by signing this document you agree is “by signing this document you certify that” or “by signing this document I certify that”.
In this case, you’re being asked to confirm and validate the information presented in the document.
For example, if you are filling out an application for a student loan, credit card, or loan, the application will have a statement where you certify that the information you provided is accurate.
This statement is added to bring your attention to the fact that the other party will rely on the information you are giving to make a decision.
If you expressly confirm that you are giving the correct information but you were not, this can be presented as evidence in court that you were attempting to mispresent the facts in order to get a benefit that you would not have otherwise obtained.
When you’re asked to certify that the information is true and accurate, be sure to double-check the content of the document to avoid making any false representations.
Here are different types of legal phrases and sentences similar to “by signing this document you agree”:
And here are a few variations of statements where you certify information:
So there you have it folks!
When you’re asked to sign a contract, fill out and sign a legal document, or sign a document, it’s important that you fully read and understand the content of what you’re signing.
In some cases, the other contracting party will specifically bring this to your attention in the document given to you for signature so you legally acknowledge that you have read and understood the terms of the contract.
The objective is to legally demonstrate that you had the opportunity to read the document before signing, ask questions, and freely agree to the terms of the contract.
Although it may be possible to annul a contract if it was signed under duress, where you were misled, or through other illegal manners, when you sign a document or contract, you’ll be legally bound to its terms.
If you need the advice of a contract attorney or legal professional, be sure to reach out to them before you sign your document!
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