Agreement Forms

An Agreement exists where two or more parties make mutual promises to each other to take some sort ofaction or to make some payment to each other. An exchange of goods for money is the simplest form ofagreement.

A simple Promise by A to B, however, is not an agreement, because B has given no "consideration' to A's Promise. in order to turn A's promise into an enforceable agreement B must also make some promise or payment in return (The consideration), An agreement like this involving mutual promises can be referred to as both a contract and an agreement.

It is sometimes the case that a simple promise by one party to another is all that two parties wish to record, The acceptance of such a promise is an agreement, but it is not enforceable because the other has given no consideration for the promise. Such an agreement can be made enforceable if it is recorded in what is referred to as a deed. A deedis a written agreement which is given legal enforceability by the use of word "deed".

An agreement recorded in a deed is enforceable in law regardless of whether mutual promises are or or not. You will find many Agreement forms and letters in this website.

Signature of the Agreements:

The Part of an agreement or deed that the parties sign is known as attestation clause. In simple agreements, the attestation clause is the same for both companies and individuals, Each party should sign the agreement form and also get a witness to sign and provide his or her name and adress.

You should consult a solictor if: you need a complex or important agreement, your transaction involves substantial amounts of money or expensive property, you don't understand how to use a document or question its adequacy to fully protect you.

Mutual Agreement

Contracts require two parties to agree to the same thing. If they do not, there is no legal contract. What happens in a situation where you change “six months” to “one year,” sign the contract, and then they take it to their office, change it back to “six months,” and they sign it? In this example, the company would need to return the contract to you for you to sign or initial where they changed it back to “six months” before they had a binding contract.

What if they do not, and they do the job assuming that the six months applies while you assume that it is one year? That depends. If they called you and discussed it with you and you agreed to the change, it would probably be valid even if you did not sign it. If they just did the job without telling you, then the terms of your agreement would be ambiguous.Whether you had a six-month or a one-year guarantee would have to be decided by a court, looking at all the facts of the case and using state law to determine who is correct.

Oral Contracts

Contrary to popular belief, contracts do not always have to be in writing to be legally enforceable. Verbal agreements can constitute legally binding contracts in many situations. The problem with verbal contracts is how to convince a court that one really existed and what the terms were. For this reason, you should try to always get your agreements in writing.

Sample: Simple Contract

THIS AGREEMENT is entered into by and between ________________________ and ________________________. In consideration of the mutual promises made in this agreement and other valuable consideration, the receipt and sufficiency of which is acknowledged, the parties agree as follows:

Bob Jones will mow Jon Dough’s front and back yards once a week during June, July, and August, 2006, while Jon Dough is at Oxford studying Sanskrit.

The following addenda, dated the same date as this agreement, are incorporated in, and made a part of, this agreement:

o None.

This agreement shall be governed by the laws of _______________________________.

Sample Agreement form:

THIS AGREEMENT is made the [Enter Day] day of [Enter Month] year [Enter Year]

BETWEEN:

  1.  1.[Enter Name of the First Party] of [Enter Address of the First Party] (the “First Party”); and
  2.  2.[Enter Name of the Second Party] of [Enter Address of the Second Party] (the “Second Party”).

 NOW IT IS HEREBY AGREED as follows:

  1. That in consideration of the mutual covenants and agreements to be kept and performed on the part of said parties hereto, respectively as herein stated, the First Party hereby covenants and agrees that it shall


  2. [Enter Terms of Agreement of First Party]

  3. And the Second Party hereby covenants and agrees that it shall:


  4. [Enter Terms of Agreement of Second Party]

  5. Other terms to observed by and between the parties:


  6. [Enter Mutual Terms of Agreement]

  7. This agreement shall be binding upon the parties, their successors and assigns. This is the entire agreement.
  8. Nothing in this Agreement is intended to confer any benefit on a third party whether under the Contracts (Rights of Third Parties) Act or otherwise.

IN WITNESS OF WHICH the parties have executed this agreement the day and year first above written

____________________________
Signed by or on behalf of the First Party
____________________________
in the presence of (witness)

____________________________
Signed by or on behalf of the Second Party
____________________________
in the presence of (witness)

Name

______________

Name

______________

Address

______________
______________
______________

Address

______________
______________
______________

Occupation

______________

Occupation

______________