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Agreements 101

Countersignatures Defined: When and How to Use Them in Contracts

A countersignature is a secondary signature added to a legal document by a second person to confirm, verify, or authorize the first person’s signature. While the initial signature typically indicates a willingness to agree to terms or submit an application, the additional signature verifies the authenticity of the original signer, adds oversight or approval, helps prevent fraud, and completes the formal process.

Countersignatures Defined: When and How to Use Them in Contracts

What Is a Promissory Note?

A promissory note is a written agreement between a borrower and a lender saying that the borrower will pay back the amount borrowed plus interest. The promissory note is issued by the lender and is signed by the borrower (but not the lender).

Author Ted Sclavos
Ted Sclavos