What is a Contract?

Find the right Contract Drafting attorney in Eden Prairie, MN

In Minnesota, when two parties come to a mutually understood agreement that they intend to have legal force, a contract is created. There are both written and oral contracts, since all that is required is that the parties agree and understand each other. In business transactions, written contracts are generally preferred for their reliability. These documents are best drafted by those who understand the law, because the very reason for a contract is to legally obligate the parties.

Negotiating a Contract in Eden Prairie

Along with particular clauses that should be included in every Eden Prairie 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. Being upfront about your intentions early on can be helpful, because it allows the terms of the contract to be decided based on clear expectations. Lastly, a clause that determines how to handle a dispute under the contract may be worthwhile to negotiate.

Using a Form Contract

Many Eden Prairie, Minnesota lawyers use form contracts as a template for any new agreement. The attorney will add or remove contract provisions that the parties want, plus modify the specific language of the form contract to meet the parties' needs. This usually saves all parties time and money. There are risks to using a contract that neither party has written, particularly if you proceed without the guidance of an attorney. First, form contracts have the tendency to go unread. Any party who does not carefully review all the contract clauses can be left unaware of their obligations 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 clause 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 lawyers in Eden Prairie are experts in Minnesota contract law.

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Life in Eden Prairie

Eden Prairie, Minnesota is a city directly outside downtown Minneapolis. Its population is approximately 50,000 people.

There are many scenic lakes and ponds in Eden Prairie, and the city has over 170 miles of hiking trails to take advantage of this scenery, along with over 2,200 acres of parks, and 1,300 acres of open space.

Until the early 1960s, Eden Prairie was largely a bedroom community for the nearby cities of Minneapolis and St. Paul (a community consisting almost entirely of residences, where residents commute to a larger city for work). However, it now boasts over 2,000 businesses, and hosts major offices of many large businesses in the healthcare, logistics, retail, and distribution industries.

Money Magazine frequently names Eden Prairie as one of the best places in America to live, thanks to a variety of industries creating many different types of jobs, its natural scenery, the quality of its public schools, among many other factors.

Furthermore, there are plenty of Eden Prairie, Minnesota lawyers who can provide virtually any legal services you might need. Eden Prairie, Minnesota lawyers can handle almost any kind of case.

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