Land contract agreement formLand Contract Agreement • May 3rd, 2021
Contract Type FiledMay 3rd, 2021In legal terms, a contract is any agreement between the parties to exchange valuables, such as goods and services for cash. According to state laws, only some categories of contracts must be in writing, such as a mortgage contract or contracts covering more than a year. It is still a good idea, however, to have a written agreement for other commercial transactions since a simple hand-holding agreement is not always proveable if a dispute arises. There's no law requiring a lawyer to write his contract. If the transaction is relatively simple, the contract can also be simple. You start the contract by appointing the parties in the agreement. This may seem obvious, but people often write the name of a representative of the entity instead of the name of the entity. If you run a company as the only property, you should be identified in the contract as John Jones doing business like Jones Plumbing. If you have organized your business as a limited liability company, identifying your participa