Why do some folks put that phrase?ÿunder their name on a plat or a legal??ÿ Wouldn't that mean they're a subcontractor or similar, rather than a permanent employee??ÿ Are there pros and cons to doing that??ÿ Just wondering...
They may carry personal E&O for side jobs, or be a subcontractor and want to make it known that this is on the bosses dime, if the boss in fact has a dime invested.
Paul in PA
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When you're carrying out work on behalf of the company always make it clear to the other party (no matter how well you know them) that you are a director. The easiest way to do this in written communications is by putting ??Director? after your name and/or signature and the phrase ??for and on behalf of the company?.
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I know l*wyers like to use lots of words where a few would do,?ÿ so is there any difference between "for" and "on behalf of" or is it completely redundant?
There are times, such as the Director of a company, a company officer, or attorney for another party, where the signatory is acting on behalf of the other party.?ÿ In those instances, it needs to be disclosed.
On a plat, if the subdivided property is owned by a partnership comprised of several individuals, one of them may have the authority to sign for all, but if that's not indicated on the plat and one of the partners later decides to be difficult for any reason, that person might challenge the validity of the plat based on the signatory not having sufficient interest.?ÿ Or, if an attorney for the owner is signatory, but the owner later asserts that he or she did not authorize the attorney, the validity of the plat could be challenged based on the attorney having no individual ownership interest in the land.
Why do some folks put that phrase?ÿunder their name on a plat or a legal??ÿ Wouldn't that mean they're a subcontractor or similar, rather than a permanent employee??ÿ Are there pros and cons to doing that??ÿ Just wondering...
Good question.?ÿ Those of us working for a company as employees probably need to know this.?ÿ But I wonder if it doesn't matter that much, as we'll be named in a lawsuit regardless.