Create Contract For Free

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.

A contract doesn't have to be on a preprinted or standardized form: It can be written on a napkin and still be legitimate. Two parties can agree between themselves and create their own contract. Contract law, however, requires that all contracts must contain certain elements to be valid and enforceable.

Ten Tips for Making Solid Business Agreements and ContractsGet it in writing.Keep it simple.Deal with the right person.Identify each party correctly.Spell out all of the details.Specify payment obligations.Agree on circumstances that terminate the contract.Agree on a way to resolve disputes.More items...

Why Have a Lawyer Draft a Contract? There is no requirement that lawyers draft every contract and, like other areas in the law, you may be fine editing a form contract to suit your needs. However, if there is any money at stake, not having a lawyer properly draft a contract is tantamount to rolling the dice.

A contract is a legally enforceable agreement between two or more parties that creates an obligation to do or not do particular things. The term "party" can mean an individual person, company, or other legal entity.

Contracts are made up of three basic parts an offer, an acceptance and consideration. The offer and acceptance are what the purpose of the agreement is between the parties.

An agreement between private parties creating mutual obligations enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.