In Kentucky, when two parties come to a mutually understood agreement that they intend to have legal force, a contract is formed. There are both written and oral contracts, since all that is required is that the parties agree and understand each other. The reliability of written contracts generally make them the preferred means for businesses to transact. Since the intent of a contract is to be legally effective, they are best formed by those who understand the law.

Negotiating a Contract in St. Matthews

There is more to a contract than what is required for it to be valid in St. Matthews. The individual terms of the contract should all be discussed separately so that the intent of each party is understood by the other. Stating intentions clearly in the early stages of negotiations can lead to a contract that includes clearer terms. To conclude, the contracts that are easiest to enforce have clauses that determine how to handle disputes.

Using a Form Contract

Form contracts can serve as a good starting point for a sound agreement. Attorneys in St. Matthews, Kentucky often keep past contracts on file, and can add or remove provisions based on the situation. They can also reword the specific language of form contracts to make them more clear. However, form contracts can pose problems if they need to be interpreted by courts, especially if they are used without the help of an attorney. First, parties are less likely to read form contracts thoroughly, which may lead to one side being unaware of their duties under the contract. Second, form contracts often use words and language understood only within the legal community. This may cause parties to agree to a term they don't really understand. Whether you negotiate or use a form, an attorney can help ensure that the written contract matches your intent. Many attorneys in St. Matthews are experts in Kentucky contract law.