Specify And Mention Each Term Correctly
You would be surprised to know that people often misinterpret contractual terms. If the legal terms are not specifically defined, they might end up guessing the exact opposite of the actual definition.
Hence, all of the key terms related to the business should be highlighted in the contrac, defined and also talked-about before accepting the deal.
This assures that the parties are on the same page, agreeing to everything that is being said/is written in the document.
Above all, make sure the contract lists out the payment methods, the structure, and the mode of the same.
The duration of the contract must be added gso all the parties have an idea of how long the contractual engagement will last. You should also have a clause where you mention a basis for terminating the contract.
Legal Terms To Take Note Of:
Termination: Circumstances when the contract is forced to end.
Breach: Acting in a manner that is not acceptable and against the terms mentioned in the contract.
Expiration: The day when the agreement ends legally
In the end, keep the contract confidential, and be sure that it is in accordance with state law to avoid confusion.
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Yoel “Mo” Molina, I am a lifelong resident of Miami, Fl. I am a graduate of Miami Senior High, Class of 1992, Georgia Institute of Technology, B.S. 1997 and University of Maine School of Law, J.D. 2001. I have been practicing law in Miami Since 2001. I am a former training prosecutor in the Miami-Dade State Attorney’s Office. I have experience in jury trials, appeals, and administrative hearings. I have appeared before judges across the State. My experience ranges from civil litigation matters, collection matters, foreclosure, business and corporate, contracts, real estate, leases and employment matters..
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"My name is Anastasia Yecke Gude and I am the owner of Healing Hands Therapeutic Massage LLC. In the process of my company’s growth and expansion, I suddenly found myself a few weeks ago in need of a 1099 contractor agreement, and I needed it ASAP. As in, the very next day! I contacted the Law Office of Yoel Molina and his assistant put me in touch with Mo. I sent him what I had drafted up and he replied within a few hours with suggested revisions and clarifications, as well as a few insights I had not even considered. I was thoroughly impressed by the quality of work he provided, especially considering the time crunch I put him in (sorry, Mo!). I definitely recommend his services to anyone in need of a good contract attorney, and I will be calling him again for future work…hopefully in less of a rush next time!"