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 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 clauses of your duties under the contract. However, documents can often be too long for a worthwhile read, or so commonplace that reading each one is not practical. If so, there are still other ways you can effectively review it. An attorney in Silverthorne, 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?
A written contract is the expression of an agreement between two individuals; 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 may result if you rely exclusively on the other party's representation of the contract terms. There are third parties in Silverthorne 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.