Legal Definitions - hereof

Hereof is a formal legal term meaning "of this" or "of this document, agreement, or provision." It is used to refer back to the specific legal instrument or section being discussed, ensuring precision and avoiding ambiguity.

Here are some examples to illustrate its use:

• Example 1: Real Estate Contract

  Imagine a purchase agreement for a house. A clause might state: "The buyer agrees to complete all inspections as required hereof within ten business days."

  Explanation: In this context, "hereof" refers to the purchase agreement itself. The buyer is agreeing to complete inspections as required by this agreement, meaning the specific terms and conditions outlined in the document they are signing.

• Example 2: Corporate Bylaws

  Consider a company's bylaws, which govern its operations. A section might read: "Any director appointed pursuant to the provisions hereof shall serve a term of three years."

  Explanation: Here, "hereof" refers to the bylaws document. It means that any director appointed according to the rules and procedures *within these bylaws* will serve a three-year term. It clarifies that the appointment process is dictated by the current document.

• Example 3: Loan Agreement

  In a loan agreement, a lender might include a clause stating: "The borrower acknowledges receipt of all disclosures required hereof prior to the execution of this agreement."

  Explanation: "Hereof" in this sentence refers to the loan agreement itself. The borrower is confirming that they received all the necessary information and disclosures that are mandated *by this loan agreement* before signing it.