Some documents that are simply signed through the usual course of business are still contracts. These include purchase orders, receipts, and sales agreements, among others. Understanding your end of any such agreements is crucial 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 clauses of your duties under the contract. If the document is too long 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 Fort Collins, Colorado can review any contract before you sign it, whether it is a standardized document or a negotiated document. Lawyers review contracts to ensure that the intent of their client is given proper legal expression within the written documents.
What if I Don't Understand a Contract in Colorado?
The words of a contract are meant to simply express an agreement between two parties. They are not the agreement itself. It is your understanding of the contract that usually matters most, regardless of cumbersome contract language. 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 Fort Collins who are qualified to review and explain contracts. Negotiations in some particular fields, such as finance, can require unique expertise; but no matter how complicated the situation, the objective of contract law in Colorado is to give legal effect to the intent of the parties involved.