Common use of LEGALLY BINDING CONTRACT Clause in Contracts

LEGALLY BINDING CONTRACT. This is a legally binding agreement. THE PARTIES SHOULD READ IT CAREFULLY. If the effect of any part of the Agreement or this Addendum is not understood, an attorney should be consulted BEFORE signing. Federal law may impose certain duties upon brokers, signatories, escrow agent, or settlement agent arising from this transaction generally and when any of the signatories is a foreign party or when certain amounts of U.S. Currency are received.