A witness is often of low value because he or she is often unable to sign or be traced. A better way to verify and prove that the contractor has signed an agreement is the use: if a signature is attested, as well as the signature, it is reasonable for the witness to write his name in capital letters and indicate his address of residence. By affixing the common seal in the presence of the following persons, who must also sign the document as proof that they attest that the seal has been affixed: if someone asks you to testify of their signature on a legal document, it is essential that you follow the correct steps or that the entire document may be invalid. So it`s a good idea to take the time to make sure that a witness to sign an agreement will not normally be necessary if it`s just a contract. A witness signature may be useful for evidence. If a party who later participates in the agreement says that it has not signed, the person who attended the signing of the party may be asked to confirm it. The witness can confirm that the particular person signed and that is the signature they made. If there are to be witnesses, the underlying purpose of a signature, which is attested by a third party, is for reasons of evidence. The witness could confirm that the signing of the agreement is indeed the signature of the party whose name appears. A lawyer acted for a longtime friend and his employee by buying a house. The friend transferred money to the employee for the purchase, but no agreement was reached on the advance. Years later, after the friend had lost his mental faculties, his family claimed that the advance was a loan and not a gift, and asked the lawyer for his file and evidence to prove the same thing. But if you sign as a witness for something you didn`t actually testify, you could be held responsible for fraud or negligent misrepresentation if someone can do harm because you made a false statement that you witnessed the signing of the document.
As a general rule, the person you choose as a witness to a document should not have a financial or other interest in an agreement. A neutral third party is the best choice. A neutral third party is someone who is not related to one of the parties and does not benefit from the contract. Ideally, a witness will monitor the party or parties who sign the document, and then the witness will sign the document as evidence that the parties have signed.