Agreement Template / December 2, 2018 / Heidi Herring
People that want a lease agreement typically are typing them up all the time and want access to a template that they can use over and over but before we dive into where we can find these templates lets break-down what a lease agreement is and the types of leases that exist out there. Standard Lease Agreement is the most common agreement among residential dwellings it is a legal document between a person that owns property ("Landlord") and someone that is occupying the property ("Tenant") in exchange for monthly rent. The form can be for any amount of time but most often you see a one year term. You cannot cancel this type of legal document but if you lose your job or a special situation arises you should speak to your Landlord and try to negotiate some type of deal.
This clause is there to protect the rights of both the parties if they are not satisfied with the conditions later to discontinue and at the same time to protect the investments of an investor. A basic employment agreement template can be extremely helpful when building a company or even reducing the size of a company during challenging economic periods. There are several pluses and minuses to consider in determining if such an agreement is right for your business and how to go about using one. The first benefit to consider is the ability to clearly delineate the roles and responsibilities of both the company and employee in a single document. With a form template this process can be quite easy and quick even as simple as filling in some blanks and signing.
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.