Nov 21, 2014The 'contract date' is the date often written on the cover or last page of the contract. The 'signature date' is, unsurprisingly, the date
Nov 21, 2014The contract date is usually written onto the front cover and the first page of the contract (although there is no legal requirement to do so).
What does the effective date mean in a contract?
An effective date is a specific date when an agreement or transaction between one or more parties becomes legally binding and the terms outlined in...
Why is it important to know the effective date of a contract?
It’s important to know the effective date of a contract as this information describes precisely when a contract comes into effect, and when the obl...
Can an effective date be in the past?
So long as the effective date has been agreed by all parties at the point of signing, the effective date can be a date that has already passed.
Who should fill in the effective date of a contract?
Usually, the effective date will be mutually agreed upon between both parties, but the contract author will usually be the person to fill in this d...
Can you change the effective date of a contract?
It is possible to change the effective date of a contract by amending the contract. However, to do so you would need to follow the usual processes...