Written contracts provide individuals and businesses with a legal document stating the expectations of both parties and how negative situations will be resolved.

Some important considerations to always remember when entering into a contract:

Having seen disasters resulting from poorly written and handshake agreements, I know firsthand that good written contracts save money and strengthen business relationships.

If you have a poorly written agreement, you might find that Florida law gives the other party the upper hand. You might have failed to limit warranties or other rights given the other party by law.

The benefits of a complete, detailed, clear and well written agreement apply to all business relationships, including customers, vendors, employees, and between partners.

Well drafted detailed written contracts will reduce business problems, strengthen business relationships and protect your business from claims and lawsuits, even if you never intend to use them in court.

Call us at 386-310-7997 or contact us online to learn more.

A written contract helps you recognize when you don't really have a deal. Business people want to make things happen. So, they'll hammer out an arrangement on a couple of big issues and think they've put a deal together.

But the devil is in the details.

Its only when they've had to address all elements of the proposed arrangement that they find areas of disagreement.

When preparing a detailed contract, things such as payment terms, warranties, delivery of products, scope of services, dispute resolution (i.e., avoiding court) and other less glamorous, but nonetheless important, issues come up. The parties have to discuss these up-front, and work out the details amicably or walk away without harm.

Contracts help you identify people who won't live up to their word.

While contracts aren't crystal balls, observing how the other party deals with a contract is enlightening.

Red flags should fly when the other party signs the agreement without reading a word or objects to reasonable terms.

Some important considerations to always remember when entering into a contract - the parties must be competent and legally sane.

The parties must be of the age of majority to be binding on both parties.

The contract must provide for an obligation-an exchange of something that is of value.

The action must be offered and accepted.

The contract action(s) must be lawful.

All terms must be included in the contract, including the date of effect.

August 12th at the BAM Organization

Kistemaker will be addressing the 2013 Legislative updates to condo and HOA CAM's and Board Members.

BAM

I want to be a lawyer!
They still get recess!