What is a Contract?

Find the right Contract Drafting attorney in Lubbock, TX

In Texas, 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. In business transactions, written contracts are typically 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 Lubbock

Negotiating the specific terms of a contract is crucial. There are several terms that should be included in every Lubbock contract to ensure that the agreement protects the interests of the parties. 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

Form contracts can serve as a good starting point for a sound agreement. Attorneys in Lubbock, Texas 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. There are risks in using form contracts without the help of an attorney. First, a party using a form contract may not have thoroughly read all the terms, and can thereby remain unaware of his performance obligations and liabilities if events do not go as planned. Second, using a contract that someone else has written can obligate the parties to a contract term that they do not understand. An attorney can ensure that a written contract matches the intent of the parties, both with form contracts and in negotiations. In Lubbock, many attorneys specialize in Texas contract law.

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Life in Lubbock

Lubbock is located in Lubbock County, Texas. It is specifically located in the north west region of the state. The 2010 census has reported its population to be 229,573 people. It is the eighty-seventh most populated city in the United States, and the eleventh most populated city in Texas.

It's nickname is "Hub City" because the city is seen as an education and health care hub of the South Plains region of Texas.

Interestingly, CNNMoney.com ranked it twelfth amongst the best places to start a small business. With Lubbock being a business-friendly area, naturally it has a strong legal force to support local businesses and residents. Therefore, residents and businesses do not have to travel far to receive excellent legal care!

Popular sites include the National Ranching Heritage Center, the Southwest Collection, Texas Tech University and the Museum of Texas Tech University.

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