When parties to an agreement intend it to have legal effect, that agreement is called a contract. In New Jersey, contracts might be oral or written, as long as both parties have the same understanding of the terms of the agreement. Businesses most often prefer the reliability of written contracts in their transactions. These instruments are best written by those with an expertise of the law, since the intent behind a contract is to give it legal effect.
Negotiating a Contract in Kenilworth
Negotiating the particular terms of a contract is crucial. There are several terms that should be included in every Kenilworth contract to ensure that the agreement protects the interests of the parties. 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
Using a form contract as a baseline for your agreement may save you time. Lawyers practicing New Jersey law in Kenilworth can be helpful in selecting the right form, and can also revise the contract to make it the best fit for your distinct situation. Using a form contract without the guidance of an attorney may pose problems. First, parties using form contracts often do not read all the clauses, and can therefore be unaware of their obligations under the contract. Second, the challenging language used in the field of contracts can make agreements written by others challenging to understand. Lawyers can help ensure that a written contract matches the intent of the parties, whether negotiating a contract or using a form. New Jersey contract law is a field in which many Kenilworth lawyers have specialized.