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Key elements of a contract For a contract to be valid, it must have four key elements: agreement, capacity, consideration, and intention.
The simple answer is YES. You can write your own contracts. There is no requirement that they must be written by a lawyer. There is no requirement that they have to be a certain form or font.
Writing the ContractInclude information about the exchange of consideration, and write clearly as to which party delivers and what the other agrees in exchange. Use short sentences and provide a numbered heading for each paragraph. This makes it easier to reference information.
It is advisable to go with a turnkey contractor if you don't have the time to involve yourself in the construction process.
Write the contract in six stepsStart with a contract template.Open with the basic information.Describe in detail what you have agreed to.Include a description of how the contract will be ended.Write into the contract which laws apply and how disputes will be resolved.Include space for signatures.