What is a Contract?

Leeds Contract Drafting Attorneys, AL

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A contract in Alabama is an agreement about anything of value between two or more parties who intend the agreement to have legal effect. It may be oral or written, as long as all parties agree to the contractual terms. A written contract is typically preferred by most businesses, because that make the agreements more reliable. Contracts may involve legal principles, so they are best formed with a clear understanding of the law.

Negotiating a Contract in Leeds

Along with specific clauses that should be included in every Leeds contract for it to be valid, it is important to adequately discuss each term to make sure that the intent of each party is understood by the other. Stating intentions clearly in the early stages of negotiations can lead to a contract that includes clearer terms. To conclude, the contracts that are easiest to enforce have clauses that determine how to handle disputes.

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Using a Form Contract

It may save you time to use a form contract instead of drafting your own. Even so, you may want an attorney in Leeds, Alabama to add or remove terms, or to simply make the contract language more clear. There are risks in using form contracts without the help of an attorney. First, a party using a form contract may not have thoroughly read all the terms, and can thereby remain unaware of his performance obligations and liabilities if events do not go as planned. Second, the difficult language used in the field of contracts can make agreements written by others hard to understand. Whether you negotiate or use a form, an attorney can help ensure that the written contract matches your intent. Many attorneys in Leeds are experts in Alabama contract law.

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