Agreement Template / December 6, 2018 / Heidi Herring
A good form will have some empty lines to write specifics about the job role in case the basic agreement doesnt cover them. Another benefit is the clear reduction in legal liability that a business can achieve by using a simple employment agreement template. When you have clear requirements for both parties written in a signed document this eliminates a lot of the ambiguity and costs associated with lawyers and courts if you are ever sued by a current or former employee (or worse yet the employees union). As long as the agreement follows the law and the employee was competent at the time of signing most courts will honor its terms. This can get you out of a very expensive situation! On the other hand a detriment of using a pre-written template is that it may not handle more complex jobs or specific types of contract projects where there are a lot of detailed deliverables.
Lease agreement is generally a long term rental contract lasting for 5-10 years depending on the mutual terms and conditions between the tenant and the landlord. There are different types of template based on whether the property is residential or commercial. Although there are many elements that are same for both residential and commercial property there are few differences that set the two lease agreement apart. It is therefore important to guarantee that right agreement template is selected to protect the interest of the property and avoid any dispute whatsoever in the future. Commercial lease are often longer compared to a residential lease and will list down several people that may include the landlords the investors the tenants and any other person who has a stake in the property.
Considered a legally binding contract you will find that when properly filled out this document will leave little for any errors or the type of misunderstandings that can cause what is otherwise a good solid working partnership. As you begin to consider putting together a joint venture you need to sit down together and consider all the different eventualities that can occur. You need to establish your goals and mission statement and put them down in writing. You will also need to list the responsibilities of each of the members of the venture as well so that there can be no mistake in who is responsible for every facet of the day to day operations at the same time should anything go wrong it can help decide on whose shoulders any blame may fall.