What is a Contract?

Find the right Contract Drafting attorney in Dayton, OH

When parties to an agreement intend it to have legal effect, that agreement is called a contract. In Ohio, contracts may be oral or written, as long as both parties have the same understanding of the terms of the agreement. 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 Dayton

Negotiation of each specific term in a contract is important to ensure that the intent of each party is met. Also, there are certain clauses that should be included in every Dayton contract to give it the desired legal effect. Being forthright about your intentions can help the contract goal of mutual understanding of expectations. To conclude negotiations, you may want to include a clause that determines what is to be done if a party fails to meet its duty.

Using a Form Contract

Using a form contract as a baseline for your agreement may save you time. Attorneys practicing Ohio law in Dayton can be helpful in selecting the right form, and can also revise the contract to make it the best fit for your individual situation. There are risks in using form contracts without the assistance of an attorney. First, using a form contract makes it more likely that one of the parties will not have understood the terms. This can lead to them 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. With either a negotiated contract or a form, an attorney can ensure that the written document matches the intent of each party. Attorneys in Dayton often specialize in Ohio contract law.

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Life in Dayton

Dayton is located in Montgomery County, Ohio. The approximate population is 141,527 and is seen as the fourth largest metropolitan area in Ohio.

What Dayton is known for is its involvement in the industrial, aerospace, and engineering research industry. The Wright-Patterson Air Force Base has had a significant impact on Dayton's involvement in innovation via these industries. Overall, Dayton's economy is seen as a service-oriented economy. These services include legal services. Dayton is home to many small and mid-size law firms practicing in all areas of law. Thus, Dayton residents and businesses should rest assured because the legal services industry is capable of handling all legal inquiries and issues.

Dayton is also home to many attractions for tourists. Such attractions include The National Museum of the United States Air Force, the National Aviation Hall of Fame, the Dayton Art Institute, the Boonshoft Museum of Discovery, the Dayton Aviation Heritage National Historical Park and America's Packard Museum.

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