A contract in Alabama is an agreement about something 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 usually 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 Birmingham
Along with particular clauses that should be included in every Birmingham 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. Being upfront about your intentions can help the contract goal of mutual understanding of expectations. To conclude negotiations, you may want to include a clause that determines what is to be done if a party fails to meet its duty.
Using a Form Contract
If an agreement needs a good starting point, you may want to consider a form contract. An attorney in Birmingham,Alabama can add or remove clauses according to the intent of the parties, and even the specific language can be made more comprehensible so that expectations are clear. Using a form contract without the advice of an attorney may pose problems. First, parties are less likely to read form contracts completely, which may lead to one side being unaware of their duties under the contract. Second, the challenging language used in the field of contracts can make agreements written by others challenging to understand. Lawyers can help ensure that a written contract matches the intent of the parties, whether negotiating a contract or using a form. Alabama contract law is a field in which many Birmingham lawyers have specialized.