Post dating contracts
The mood and intent was definitely that this way I would have time to think on it. That is, unless a new party is added to the retail installment sale contract and the vehicle was new when delivered originally. Legally speaking, this is something that you should not do — or more accurately, there will only ever rarely be occasions when this is appropriate to do. But even with this offset for use, the dealership was facing millions of dollars in refund costs.
Related Legal Questions
There's no fraud because each party was aware what the other was doing, and there's no "loophole" post dating contracts with something like this. Nevertheless, so long as no interest is charged to the customer, backdating a one-pay contract should not present a problem. You ask for a proposal.
A better solution is to disclose the date that the post dating contracts was actually signed. Note to self — get contract in writing.
However, there is no right answer for all situations. Type Your Legal Question Here Also, I guess the reason dating site for working out I am considering there to be fraud on the contracts is that the signatures lines read "date of signature" and NOT something like "date agreement set to begin".
Lack of a prosecution does not mean a lack of legal consequences. Many states have laws relating to things like gyms, so it would be helpful to know. In practice the courts are more sympathetic than one might anticipate. Subscribe Want to keep up with Auto Dealer Law?
The first major concern with this ruling is that the court definitively concluded that backdating a contract is a violation of California law, specifically, Civil Code section a. Neither the Nelson nor the Rucker case involved lease contracts. Ask an Expert Ask a Lawyer. If both parties knowingly lied on the "date of signature", does that leave a loophole for voiding the contract?
Second, you didn't indicate whether the other party signed the contract. This is a great solution. If there is no stated effective date, the contract goes into effect when the party offered the contract signs it.
To locate an attorney visit AttorneyPages. I was offered the "opportunity" to lock in a certain price to gain membership into a certain club with heralded benefits.