Printable Contracts: Everything You Need to Know
Printable contracts refer to contracts that can be printed out from the internet or other electronic sources. 3 min read
2. Common Types of Written Contracts
3. Business Contract
4. House Rental Contract
5. Service Agreement
6. When Do You Need a Written Contract?
Printable contracts refer to contracts that can be printed out from the internet or other electronic sources. While some contracts can be signed electronically, others require manual signatures, meaning that they have to be printed out on paper and signed in ink. There are currently numerous printable contracts available for enforcing of all kinds of agreements, from business to rental agreements.
What is a Contract?
The terms “contract” and “agreement” are often used interchangeably, but they do not mean the exact same thing. A contract refers to an agreement between parties that wish to create legally enforceable mutual obligations. Generally, contract law is governed by the Common Law of a state. Although contract law is generally the same throughout the country, some states may have different interpretations of certain elements of a contract. When a contract is breached, the law will provide a remedy for the wronged party, usually in the form of monetary compensation or specific fulfillment of the promise made.
Common Types of Written Contracts
There are many types of contracts that have to be written on paper. The most common ones include:
When two different business entities decide to combine their resources to pursue mutual business goals, they need to enter into a contract. All business contracts generally comply with a basic set of conditions and rules, whether they are covering the formation of a partnership or documenting a purchase agreement. A contract between two business entities must be in written form in order to be enforceable by law. It has to be elaborate and identify as much details as possible about the transaction or deal, such as:
- Names of parties
- Description of the business activities involved in the agreement
- Terms and conditions
- Other necessary information
You can either hire an attorney to help you draft a business contract or do it yourself by downloading a printable business contract template. Such a template will give you the proper format for creating a spotless business contract between you and the other party.
House Rental Contract
A home rental contract refers to a legal document that outlines the terms and conditions that a tenant and landlord agree to comply with when they enter into a rental relationship. It clearly establishes the responsibilities and rights of both parties so that misunderstandings and disputes can be avoided in the future. A house rental contract should include the following information:
- Names and contact details of landlord and tenant
- Address of the house that will be rented
- Agreed rental rate
- Duration of house rental contract
- Payment due date
- Payment method
- Other conditions
You can use one of the house rental contract templates on the internet to create a house rental contract template with ease. Most house rental contract templates are ready-to-use documents that are created by professionals who have extensive experience drafting house rental contracts.
Also called a general service contract or service level agreement, a service agreement refers to a written document that defines the terms and conditions for a service that one party provides for another in exchange for compensation.
If you are a service provider, you should use a service agreement whenever you provide a service for a customer, so that you can protect your interests and ensure that you will be compensated accordingly. If you are a customer, you should use a service agreement when you need to hire a service provider. The agreement will establish all the important details of the arrangement, such as compensation, responsibilities, and others.
When Do You Need a Written Contract?
Some verbal agreements are enforceable in court, but a written contract clearly establishes what both parties have agreed. It is necessary to create a written contract when:
- The product involved must be of a specific size, quality, or material
- You are unsure that the customer will pay you after the job is completed
- You need to hire staff or purchase materials to complete a project before getting paid
- Certain information has to be kept confidential, such as personal information, business information, or a non-disclosure agreement
- You are required to follow a timeline and will receive milestone payments or bonuses for early completion
- You want to avoid misunderstandings in the future
- You are obligated to have a contract by law or your insurance company
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