A duly written contract works quite simply: each party must live up to their commitments. We get a full understanding of what the contracting parties want. We are by their side at negotiations as well as in correspondence. And:
THE SECRETS OF A SAFE CONTRACT:
We only put on paper and suggest for signing what they have agreed upon. This applies
– not only to the memorandum of association necessary for company registration
– but also to the real estate purchase and sale agreement and to any contract creating any right (option to purchase, usage right, usufruct, mortgage, etc.),
– to donation and/or exchange contracts,
– to loan or assignment contracts,
– to the deed of foundation of condominiums to be concluded by home or property owners
– and to any business agreement such as contract for professional services, agency contract, supply agreement, service agreement, etc. The starting provisions (term, effective date, scope and relating rules) as well as the closing provisions (expiration, possible termination, breach of contract, rules of arbitration) of contracts are usually proposed by us, however all material and so-called professional agreements of the parties (detailed rules of fulfilment, deadlines, obligations of the parties, other material agreements) are always determined by our clients. Therefore, a good contract comprises professional content and a lawyer’s accuracy, which is created jointly by you and us. THE CONTENT OF A SAFE CONTRACT: In order to prepare a good contract: • we draft the most important applicable law and jurisdiction clause (if you don’t know what it means, please make enquiries rather than mistakes!);
• we refer to the general terms and conditions if there are any (the challengeability of such always requires special knowledge, so act with caution!);
• we make a detailed calculation of the financial components of default sanctions (rate of default interest or penalty, system of calculation methods);
• we stick
– not only to concluding the agreement by the due deadlines (to avoid any unnecessary problems owing to the relation between the defaults by the obligee and the obligor);
– but also to setting forth in writing any immediate action to be taken as a consequence of any deadline missed. THE SAFETY OF BUSINESS:
Always use a lawyer when concluding a contract. Thanks to a written agreement prepared with the assistance of a professional lawyer in a thorough and reliable manner, in an effort to find the best solution, you can:
- save the costs of any indemnity as well as of any legal or court proceedings,
- lay a solid and sound basis for your future relationship with your business partner, and
- ensure the predictability and the possibility of planning of your own contracts and consequently of your revenues and expenses. This guarantees safety for your business! +36 (1) 225 3041.
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