You can draft a contract that states the terms of sub-letting the office space, and get both parties to sign it. This will make the agreement legally binding.
A contract is a legally binding agreement between two or more parties.
A contract is a legally binding agreement between two or more parties.
Contracts are legally binding on both parties to them.
It is a a non formal and a legally non-binding agreement between two or more parties. It is usually oral and relies on the honour of the parties for its fulfillment
To say that two parties have a legally binding contract means that they have entered into a formal written agreement, and if either of them violates that agreement there will be a legal basis for a lawsuit resulting in expensive penalties being imposed by the court.
A contract is a legally binding agreement between the parties who have signed it, unless written into the contract otherwise, all parties are bound by the terms of the agreement/contract they signed.
A contract is a legally binding agreement between two or more parties.
A legally binding document is one whose terms can be enforced by a court of law. An example is a marriage certificate and a contract.
Yes, a verbal agreement is legally binding. However it can be difficult to enforce because there is no fixed record of the terms, only the word, and memories, of the parties to the agreement.
What you are creating is more of a "Gentleman's Agreement" than a contract. It is not legally binding but depending on the conditions, if both parties trust one another, it could work for a simple room agreement.
Yes. A contract or agreement need not be written on a typewriter or computer to be valid, as long as it is signed by both parties.
No. Any agreement has to be "agreed" to by both parties.