Roommate Form Contract For Purchase And Sale In Nassau

Category:

Contracts - Roommates

State:

Multi-State

County:

Nassau

Control #:

US-00454BG

Format:

Instant download

Description

The following form is an agreement which can be adapted to either school roommates or roommates who are sharing expenses for other reasons.

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FAQ

A comprehensive guide on how to draft a contract Know your parties. Agree on the terms. Set clear boundaries. Spell out the consequences. Specify how you will resolve disputes. Cover confidentiality. Check the legality of the contract. Open it up to negotiation.

To make a legally binding contract, 5 elements must be satisfied: offer, acceptance, consideration, intention and capacity: Offer: One party makes an offer. Acceptance: The other party accepts the offer. Consideration: Each party provides consideration to the other.

Ing to Boundy (2012), typically, a written contract will include: Date of agreement. Names of parties to the agreement. Preliminary clauses. Defined terms. Main contract clauses. Schedules/appendices and signature provisions (para. 5).