In Oklahoma, a contract is different from a normal agreement in that the parties to a contract intend their agreement to have legal effect. Contracts may be oral or written, as long as both parties have the same understanding of the terms of the agreement. Most businesses want to solidify their agreements in writing so that they can rely on them in the future. Since many legal principles may be involved, drafting a contract works best when done with as much knowledge of the law as possible.
Negotiating a Contract in Pauls Valley
Along with specific clauses that should be included in every Pauls Valley 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 forthright about your intentions early on can be helpful, because it allows the terms of the contract to be determined 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
It may save you time to use a form contract instead of drafting your own. Even so, you may want an attorney in Pauls Valley, Oklahoma to add or remove terms, or to simply make the contract language more clear. If the parties attempt to use a form contract without an attorney's assistance, there may be risks. 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, 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. Oklahoma contract law is a field in which many Pauls Valley attorneys have specialized.