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  • What is a difference between modification and novation to replace . . .
    A modification changes the terms to an obligation, whereas a novation discharges the duty For example, party A has a contract to: 1) purchase 100 widgets from party B for $100; and 2) to purchase a storage building for $500
  • Should I sign a new corrected contract with a car dealership?
    Your signature on the new form is typically considered a "novation " A novation is a new contract The original contract contained a unilateral mistake by the Offeror (the dealership), not a mutual mistake (your fault too) This creates rights of action - consult a local attorney I would retain all of the communications with the dealership to indicate the intentions of the parties at the time
  • Is a contract still legal if the business changed their name? - Legal . . .
    Even if the business name changed through a change in entity, there's a legal concept called a "novation" where an assignment wouldn't be required Again, that's something you should discuss with an attorney if you want a definitive answer
  • Top Rated Keizer, OR Lawyers - Avvo. com
    Bio: Earl and his wife Erin started Novation Law because they wanted start a law firm that focus on the clients instead of the attorney Novation Law offers creative solution and superior service
  • Wife took a vehicle during the divorce. Vehicle repossessed from her . . .
    This is an all too common situation after a divorce A divorce decree awarding a specific asset or debt to one spouse does not change the liability for that debt with the creditor unless a new contract is negotiated (sometimes called a "novation") If you were liable on the promissory note for the vehicle prior to the divorce and the creditor never agreed to release you then you will be liable
  • Addendum not signed by seller; how does this affect contract viability . . .
    Hello, I signed an addendum to the purchase agreement but the seller had not and as far as I know has still not signed it The addendum states that it is 'incorporated into the Agreement by his reference All other terms and conditions of the Agreement shall remain in full force and effect This Addendum is not a novation of the Agreement " My question is: I want to back out, for a variety of
  • Novation law and modify divorce decree, only an email was sent
    while in front of a judge in a case involving a vehicle and my ex husband the judge mentioned novate law to his lawyer i was pro se and went there to ask for another court date to get a lawyer the initial divorce decree stated he must pay the vehicle payments within a certain date if not the vehicle was mine to take i sent him an email telling him to get it current and keep it on time and
  • What date should be put on deed when the grantors live in different . . .
    What date should be put on deed when the grantors live in different states and will sign notarize deed on separate dates?




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