draft contract example
during the process of a property transaction, for instance, the first agreement is called the draft contract. the precise terms and wording also have not been agreed to by all sides. small business owners and senior managers need to draft various agreements, although certain agreements require the review of a business attorney. moreover, the agreement should describe the deal in question and what all sides promise to do. agreements are also ways for both sides to note a negotiated deal. in this case, the agreement is a business document. with that, the agreement is also a legal document. the agreement must not only note a business agreement, but it must also be recorded in a way that renders the agreement enforceable in court. all sides must agree to the final contract and sign it, followed by the document exchange. once this is accomplished, the agreement cannot be reversible, and the buyer must purchase and the seller must sell the product in question.