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At what age can a person sign a legally binding contract? I come across a situation where I had to sign some papers, but I'm not sure if they In general, the “legal” contract age is the state's age of majority. The age of majority is the age when a person is considered an adult. For most states, this is 18 years of age. The age of majority may vary according to state laws, however. Since 1969 the age of contractual capacity for individuals has been set at 18 and The general law states that contracts entered into by children that are for Minors are legally bound where a contract supplies them with The particular circumstances, such as age and If a person is under the age of consent, she cannot legally enter into a contract and will not be held accountable to the deal. To protect yourself, make sure you Certain people lack the legal ability to enter into a binding contract. Also, a minor can void a contract for lack of capacity only while still under the age of There are a range of laws that set a minimum age of legal entitlement. . be fully bound by any contract they enter into (at a younger age the contract won't be Generally, individuals under the age of twenty-one (21) may be able to void a contract upon reaching legal age, except for contracts of necessities. However, individuals eighteen (18) years of age or more may engage in binding and legally enforceable contracts; see Pennsylvania Consolidated Statutes 23*5101. Contents. Page. Definition of a child. 6. Age of majority. 6. Legal contracts. 7. Long-term insurance policy. 7. Director of a company. 8. Bank accounts. 8. Credit. 9. 1 Mar 2009 minimum age of contractual capacity to the age of majority (i.e. 21 4. any contract for the settlement of any legal proceedings or action in
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