What is a Contract?

Sheridan Contract Drafting Attorneys, AR

Find the Right Lawyer Now

A contract in Arkansas 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 generally 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 Sheridan

Along with certain clauses that should be included in every Sheridan 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 your intentions clearly at the outset of negotiations is helpful, since then the parties may carefully detail the obligations and duties of the contract based on mutual expectations. Also, you may want to negotiate a process that can be followed should one party not fulfill its end of the contract.

Find a Sheridan Lawyer that Specializes in Your Area of Need:

2 Business - Transactional cases posted to LegalMatch lawyers in Sheridan

Contract Drafting Attorneys and Law Firms in the Largest AR Cities

Show Arkansas Cities

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 Sheridan, Arkansas to add or remove provisions, or to simply make the contract language more clear. There are risks in using form contracts without the guidance of an attorney. 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, using a contract that someone else has written can obligate the parties to a contract clause that they do not understand. Whether you negotiate or use a form, an attorney can help ensure that the written contract matches your intent. Many lawyers in Sheridan are experts in Arkansas contract law.

Find the Right Lawyer Now

Breach of Contract Lawyers in Other Arkansas Cities and Towns

Need a Business Lawyer?

No obligation - Lawyers compete for your case. Choose your issue & get started now: