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{{g}}A [[deed]], also known as an [[indenture]], is a written legal agreement that has been signed and [[Deliver|delivered]] and which is enforceable even in the absence of consideration. There are formal requirements for it to be executed. | {{g}}A [[deed]], also known as an [[indenture]], is a written legal agreement that has been signed and [[Deliver|delivered]] and which is enforceable even in the absence of [[consideration]]. There are formal requirements for it to be executed. | ||
Originally, an [[indenture]] was identified by physical indentation or serration of one edge of the document — the edges had not been cut straight (or “polled”) as they would be if it had been executed by just one party, and was thus a “[[deed poll]]”. | |||
===Signed, Sealed, [[Deliver|Delivered]] - I'm yours=== | ===Signed, Sealed, [[Deliver|Delivered]] - I'm yours=== | ||
Is a Stevie Wonder song which correctly, if figuratively, uses legal concept. More about that [[Signed, Sealed, Delivered|here]]. | Is a Stevie Wonder song which correctly, if figuratively, uses legal concept. More about that [[Signed, Sealed, Delivered|here]]. | ||
====When is a deed [[deliver|delivered]]?==== | ====When is a deed [[deliver|delivered]]?==== | ||
Historically, [[delivery]] occurred when the document was received by the other side — a deed becomes enforceable once it has been shown to the other parties. As the law evolved, the concept of “[[Deliver|delivery]]” became the point at which it could be shown that it was intended that the document would become binding. This is still the test used today. | Historically, [[delivery]] occurred when the document was received by the other side — a deed becomes enforceable once it has been shown to the other parties. As the law evolved, the concept of “[[Deliver|delivery]]” became the point at which it could be shown that it was intended that the document would become binding. This is still the test used today. | ||
For companies, a [[deed]] is deemed to have been [[delivered]] in accordance with the provisions of the [[Companies Act 2006 (UK)|Companies Act]]. However, no deemed delivery provisions apply to individuals. | For companies, a [[deed]] is deemed to have been [[delivered]] in accordance with the provisions of the [[Companies Act 2006 (UK)|Companies Act]]. However, no [[deemed]] delivery provisions apply to individuals. | ||
====The Cases==== | ====The Cases==== |