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Things Business Owners in Florida Need to Consider Before Signing a Contract

Maitland, FL—Contracts are legally binding agreements made between two or more parties. Contracts outline the obligations of each party involved and should also address the repercussions each will face should they violate the terms outlined in the document. When a person signs a contract, they are bound by the terms. Therefore, before a business owner signs a contract, they should consider doing the following1:

 

  1. Make sure they understand the contract.

Depending on the type of contract that is being signed, it may be lengthy, and the wording may be difficult to understand. If a business owner doesn’t understand one or more parts of the contract, they should have a Maitland, FL business law attorney read it over and clarify any uncertainties. In fact, business owners are always encouraged to have a business law lawyer read over any contract they are considering signing to ensure it makes sense and that they understand the terms they are agreeing to.

 

  1. Avoid signing a contract that has blank spaces.

If a contract contains blank spaces or statements that don’t apply to the agreement that is being made, the Los Angeles Consumer & Business Affairs recommends they either don’t sign or cross them out. If an individual signs a contract that contains blank spaces, the other party could potentially fill those in at a later date with the wrong information.

 

  1. Make sure all promises are included in the contract.

A contract is used to outline each party’s obligations (i.e. promises) to one another. These should be clearly outlined in the document. If one or more terms don’t make sense, an individual should have this corrected immediately. Confusing contracts can be difficult to enforce in court if one or more parties violates the terms.

 

  1. Make any necessary changes before signing the contract.

Once a contract is signed, the terms are set. Therefore, any changes an individual might want to make or any corrections that need to be fixed should be done before anyone signs the contract. If the other party claims they will make the changes after the contract is signed, it would not be in a business owner’s best interest to sign until all corrections/modifications have been made.

 

  1. Always get a copy of the contract after signing.

Rather than wait for a copy to be mailed, business owners should request that they be provided with a copy of the contract right after signing. This way, they have it in hand and won’t have to worry about it getting lost in the mail or never receiving it.

 

Contact a Maitland, FL Business Law Lawyer Before Signing a Contract

 

If a business owner is looking to make a deal with another business or individual, they should have a Maitland, FL business lawyer review the contract for any errors. The attorneys at Legal Counsel P.A. will help an individual understand any contract they intend on signing so that they can feel confident with their decision.

 

Legal Counsel P.A. is located at:

 

189 S. Orange Avenue, Ste. 1800

Orlando, FL 32801

Phone: 407-395-2653

Website: www.legalcounselpa.com

Email: [email protected]

 

Source:

  1. https://dcba.lacounty.gov/portfolio/signing-a-contract/
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