An alteration of a written instrument is a change in language of the instrument that is made by one of the parties to the instrument who is entitled to make the change. Any material alteration of a written instrument, after its execution, made by the owner or holder of the instrument, without the consent of the party to be charged, renders the instrument void as to the nonconsenting party. The party to be charged refers to that party or parties against whom enforcement of a contract or instrument is sought.
If a party consents to the alteration, the instrument will not be rendered invalid as to that party.
Tarrant Texas Ratification of the Alteration of an Instrument Which Was Made after Execution by the Party to be Charged refers to a legal process in Tarrant County, Texas, where a party approves and validates changes or alterations made to a document after its initial execution. This ratification is necessary to ensure that the modified instrument attains legal enforceability and reflects the true intentions of all involved parties. In Tarrant County, there are two main types of ratification for alterations made after the execution of an instrument: 1. Express Ratification: Express ratification occurs when the party voluntarily and explicitly approves the modifications made to the document. It may involve a written statement, a signed amendment, or a direct acknowledgment of the changes. This type of ratification is straightforward and provides a clear endorsement of the altered instrument's validity. 2. Implied Ratification: Implied ratification occurs when the party's actions indicate their acceptance and authorization of the alterations made to the instrument. This type of ratification often relies on the party's behavior, conduct, or circumstances of their involvement with the modified document. Implied ratification can be inferred from verbal assurances, continued performance under the altered terms, or acceptance of benefits authorized by the changes. In both types of ratification, it is crucial for the party to be charged to demonstrate their consent to the alterations made after the execution of the instrument. This process ensures that any modifications are legally binding and that the document accurately reflects the intentions of all parties involved. The Tarrant Texas Ratification of the Alteration of an Instrument Which Was Made after Execution by the Party to be Charged protects all parties from potential disputes, misunderstandings, or claims of fraud that may arise due to alterations made post-execution of a document.
