WHAT IS A CONTRACT
A contract is an agreement between two people or more people who typically exchange money, services, or goods.
If you are looking to enter into a contract you want to make sure you have entered into a legally fair deal,
an attorney can make sure your interests are protected.
David Soble is a contract attorney who can draft and negotiate a contract for you to protect your legal interests.
WHEN WILL I NEED A CONTRACT?
Any relationship should be managed by a contract for reliability, protection, and peace of mind. Some contracts must be in writing in order for a court to enforce them. All other contracts should be written to prevent confusion and arguments about the terms of a contract. (See Soble's article on the Statute of Frauds.)
Partnership agreements between business professionals regarding the roles and responsibilities each person will handle.
Employees and Contractors should have a contract for the type of services and the amount of work they will perform in exchange for payment.
Customers and clients may be subject to terms and conditions regarding services or products.
Businesses should have disclosures and disclaimers regarding services and products to manage clients’ expectations and minimize conflicts.
According to the Statute of Frauds, Some contracts have to be in writing in order for a court to enforce them. They are:
1. Long term contracts that will not be completed within 1 year.
2. A contract involving real estate, such as a purchase agreement, lease or easement.
3. A contract for a large value of money or goods.
4. A contract where one person agrees to take care of the debt of another person.
WHY WILL A CONTRACT HELP ME?
Are you looking to enter into a contract for business or personal reason ? Contracts are useful for many reasons and can be used in any setting.
- Contracts provide a description of responsibilities.
- Contracts bind people to their duties.
- Contracts can guarantee payments.
- Contracts minimize disagreements and encourage cooperation.
- Contracts resolve disputes and provide a remedy for when a relationship falls apart.
- Contracts create a promise that transactions and services provided are protected.
- Contracts help manage business expectations between parties.
HOW DAVID CAN HELP?
While you can make an agreement yourself, it is highly recommended that you use a lawyer. Contract attorneys have an extensive knowledge of the laws surrounding whether a contract has been created and collecting damages if there is a breach of contract. Lawyers also have extensive experience negotiating and creating contract agreements. If somebody breaks the terms of a contract, a lawyer will help ensure your rights under the contract are fully satisfied.
Don't practice law in a vacuum. Contact David Soble to discuss your concerns before you enter into a contract.