How To Draw Up A Contract

Table of contents:

How To Draw Up A Contract
How To Draw Up A Contract

Video: How To Draw Up A Contract

Video: How To Draw Up A Contract
Video: How to Draft a Contract in 3 Easy Steps 2024, May
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A contract or agreement is an agreement between two or more persons. It prescribes actions that must be performed by both parties and responsibility for failure to perform these actions. To draw up a contract, define its type: performance of work, delivery, intermediary services, transportation. The Civil Code provides freedom in concluding a contract and determining its terms, however, it should not contradict the law.

How to draw up a contract
How to draw up a contract

Instructions

Step 1

Indicate the details of the contract and state the preamble. The requisites are the number, date of signing, as well as the place of the contract. Optionally, you can specify the name of the contract. An indication of the place of commission and the date of signing the contract is considered to be legally significant. The rest of the details are optional (name and number), but facilitate the subsequent individualization of the contract. In the preamble, we name the parties - the parties to the contract. Here indicate the full name and organizational and legal form, who acts on behalf of the party, that is, a specific official (his position, surname, name, patronymic), as well as on the basis of which document acts: charter, certificate of registration of the entrepreneur, power of attorney.

Step 2

The subject of the contract is an essential condition; without its specification, the contract is considered non-concluded and does not entail legal consequences for the parties.

Step 3

The rights and obligations of the parties, that is, the specific actions that the parties must perform, are determined depending on the subject and type of the contract.

Step 4

Price and payment procedure. Here, fix the specific value of the contract or the method for determining this value.

Step 5

The terms in the contract can be determined by a specific date or period, as well as an indication of the event that must occur.

Step 6

A number of additional conditions that are important for the parties: responsibility, procedure for resolving disputes, changing conditions.

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