Published date: 24 March 2011 to publish this article
An agreement letter or a letter of agreement is a contract between two or more parties that have accepted to come together for common purposes. People can write in a letter for various purposes, such as rentals, rental, sales and purchases of goods and services, etc. In a letter of agreement, the parties agree contractual terms, if the purpose, and decide to follow it.
A letter duly signed by all parties and are legally binding on them, this means that of breach of any of the parties or members, other members can sue former.
Under this section may be referenced to some hints, while preparing an agreement letter.
1. Preparatory work for an agreement letter-letter of agreement is a legal contract, you must write down all the clauses that you want to add to the letter. Any ambiguity in the agreement can damage your interest or interests of other members.
Secondly, give attention to the accuracy of minute details, date of the agreement, names of partners, profit-sharing ratio and description of goods, etc.
2. obligations and rights of the parties-to avoid disputes, discuss and make a list of obligations and rights for all parties to the agreement. The key to writing a letter is ?not to leave anything to chance?. Why mention even the simplest and most obvious of the obligations and rights are explicitly.
3. Responsibility of members to third parties-if applicable, what are the liabilities of each Member to any third party shall be given in detail. ?Third party? means party outside the contract.
4. professional advice-refers to a professional if you find it difficult to draw up the agreement. Ensure that the clauses in the framework of the State.
5. Confirmation of the agreement-all party members must sign the agreement and have it registered with the appropriate authority to carry out the legal documents.
6. Understandable language agreement be written in a language understood by all parties to the agreement.
For more information about the agreement letter.
Source: http://writing-and-speaking.myblogzone.info/tips-on-writing-effective-agreement-letter/
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