Whenever it is necessary to record an agreement, the parties usually do so by making a simple contract. Sometimes, however, the parties may affix seals to the contract following their signatures. Affixing a seal has a profound effect in law.
An instrument executed under seal is called a deed. Obligations recorded in a deed are subject to an area of law in which the principles sometimes differ dramatically from those which are applied to a simple contract. Since few people are aware of these differences, executing an instrument under seal is a practice which is attended by some danger. Moreover, curious results are to be found in the cases where one legal consequence follows from a contractual obligation and another, totally different, consequence follows when the same obligation is contained in a deed.
In this project, the Commission examines the historical development of the current law governing deeds, and reviews amendments to the law enacted or proposed in other jurisdictions.
Keywords: deed; seal; contract; document; covenant; assumpsit; obligation;
breach; privity; merger; specialty; simple; execution; binding; estoppel;
power of attorney; non est factum; remedy; interpretation; variation;
conflict of laws
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