A contract in Virginia is an agreement made by parties that intend their agreement to have legal effect. As long as parties to a contract have the same understanding about the contractual terms, the contract might either be written or entirely oral. Most businesses want to solidify their agreements in writing so that they can rely on them in the future. Since many legal principles might be involved, drafting a contract works best when done with as much knowledge of the law as possible.
Negotiating a Contract in Newport News
Negotiation of each particular 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 Newport News contract to give it the desired legal effect. 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 decide how to handle disputes.
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 Newport News, Virginia to add or remove terms, or to simply make the contract language more clear. Using a form contract without the guidance of an attorney may pose problems. First, a party using a form contract may not have completely read all the terms, and can thereby remain unaware of his performance obligations and liabilities if events do not go as planned. Second, the challenging language used in the field of contracts can make agreements written by others hard to understand. An attorney can ensure that a written contract matches the intent of the parties, both with form contracts and in negotiations. In Newport News, many lawyers specialize in Virginia contract law.