When parties to an agreement intend it to have legal effect, that agreement is called a contract. In New Jersey, contracts may 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 understanding of the law, since the intent behind a contract is to give it legal effect.

Negotiating a Contract in Tinton Falls

Negotiating the specific terms of a contract is crucial. There are several terms that should be included in every Tinton Falls contract to ensure that the agreement protects the interests of the parties. 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 Tinton Falls, New Jersey often keep past contracts on file, and can add or remove terms based on the situation. They can also reword the specific language of form contracts to make them more clear. If the parties attempt to use a form contract without an attorney's help, there may be risks. First, parties using form contracts often do not read all the terms, and can therefore be unaware of their obligations under the contract. Second, the difficult language used in the field of contracts can make agreements written by others hard to understand. Attorneys 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 Tinton Falls attorneys have specialized.