A large part of successfully running your business is developing contracts and agreements. These documents help you better manage all aspects of your business from relationships with vendors to employee expectations, or associations with partners. Contracts are incredibly important to keep your business efficient and better protect it and yourself from legal issues. Because these documents are so critical to a business owner and the business itself, it is necessary that they be solidly and clearly written. The terms that contracts provide for also must be able to be carried out and implemented to the fullest extent.
If you need assistance drafting a legal document to support you with managing your business, Leiva Law can help. The talented and resourceful California business attorneys at Leiva Law can draw up well-crafted business documentation that you can rely on. If you don’t have valid agreements in place, you will put your business in serious jeopardy. The Los Angeles business attorneys at Leiva Law can assemble employee handbooks, partnership agreements, corporate formations, real estate acquisitions, and much more.
What Types of Agreements are Enforceable?
To avoid legal challenges with documentation that is not binding or that could be harmful to your company, working with an experienced Los Angeles contracts lawyer will be tremendously beneficial. There are two types of agreements that the state of California considers enforceable and these are non-written and written covenants. For non-written contracts that are verbally hashed out and agreed to, the terms that were discussed are legally binding if there aren’t any statutes that would indicate differently. There are some contracts that are required to be written like real estate contracts, contracts that have goods worth more than $500, long-term contracts, or if you are taking on another party’s debt.
Even though other situations outside of the instances detailed above do not require a written document, it is still a good idea to put an agreement down on paper. If a disagreement or violation occurs, you will have a much easier time making your case with a tangible agreement that has an explicit and understandable language. Also, other details should be included such as dates, pricing or payment information where necessary, and requirements.
All contacts can only be sound if the parties that are included are legally able to be a part of the agreement and also have the mental ability to enter into the agreement. Also, a party cannot be forced or bullied into an agreement against their will. There are many elements to consider when you draw up an agreement that can have a huge impact on your business. Ensuring your documentation keeps you and your company in a position of strength means that it is essential you work with a California contracts attorney.
Speak to a Los Angeles Business Attorney Today
It is next to impossible to successfully conduct business without contracts. Contracts articulate details of various arrangements and are useful to clear up disagreements should they arise. Even in the event that a problem occurs and a contract is put in place, there still may be breaches and knowledgeable legal representation in California can help. For all of your general business litigation and corporate law needs, call the Los Angeles business lawyers at Leiva Law to discuss your situation during a free consultation at (818) 519-4465.