Some documents that are simply signed through the normal course of business are still contracts. These include purchase orders, receipts, and sales agreements, among others. Understanding your end of any such agreements is essential so that you can be aware of any legal consequences. You may be legally accountable for a contract, even if your understanding is incomplete.
How Can I Ensure a Contract is Good?
Before you sign anything, read what you are signing. Pay careful attention to the terms of your duties under the contract. If the document is too lengthy for a worthwhile read, or it is so commonplace that reading it is not practical, there are still other ways you can effectively review it. An attorney in Aurora, Colorado can review any standardized documents that are signed during routine business, and can also look over any individual contract before you sign it. As they review contracts, attorneys ensure that the written documents match the intent of their clients.
What if I Don't Understand a Contract in Colorado?
A written contract is the expression of an agreement between two parties; it is not the agreement itself. Regardless of any confusing contract language, you are legally bound only according to both parties' understanding of the contract. Given that your understanding of the contract is what matters, problems might result if you rely exclusively on the other party's representation of the contract terms. There are third parties in Aurora who are qualified to review and explain contracts. Contract negotiations, especially in the context of specific fields such as finance, can be time consuming and difficult. But as in all contracts, the objective is to record the intent of the parties so that their agreement will be given legal effect under Colorado law.