"Its" means, literally, just that. As in you are "John Smith" signing on behalf of "John & Co" as Its President. The purpose of this is to indicate that you are signing only on behalf of the entity rather than as an individual, therefore protecting you from personal liability.
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It sounds like a signature line designed for a corporate entity. For example: ". . . by Samantha Santucci its President and Treasurer . . . "
On a contract signature line, "Its" stands for the company that the signee represents. The person signs on the line that says "By" and puts his company title on the line that says "Its."
yes you can highlight for signature
If the contract is to your satisfaction, put your signature and date on the line marked by the X.
The word "title" refers to the name of the position in which the signatory has obtained the authority to sign. For instance, Signed, John Diddleyamore CEO and President (As authorized by the Board of Directors)
The general ruling of courts has been that "anything that you intended as a signature or represented that you intended as a signature is a signature." So you can't sign a contract with the name O.G. Whattaschnozzle and then later claim that since that's not your name, the contract can't be enforced; whatever you scribble down on the signature line counts as your signature.If the other party to the contract notices that you put down the wrong name, he can insist that it be redone.
The word is spelled signature. The contract needed the buyer's signature.
No, you can put an X or an arrow or a little sticky tag that says "Sign Here" or any other indication that a signature is required. If you're asking if the "X" mark constitutes a valid signature, the answer is "probably", but only if it was made with the intent to be a signature on the document.
yes
"Its" on the signature line of a document could be an abbreviation for the person's name or initials. It is common for individuals to sign documents using their initials to provide a quick and recognizable signature.