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The purpose of contract review is to ensure that all parts of the document are logically sound. This can include implied agreements, along with the actual agreement. All related information must make sense as well, while facilitating the needs of all parties involved.

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10y ago

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Explain the purpose of a contract with reference to a policy - short term insurance?

What is the purpose of a contract?


What do you call someone who makes contracts?

Someone who makes contracts is typically referred to as a "contractor" if they are engaged in construction or similar projects. In a broader legal context, they may simply be called a "contract maker" or "contract negotiator." Additionally, legal professionals who draft and review contracts are often called "contract attorneys" or "contract specialists."


Can a seller change their mind in real estate transaction?

The seller cannot change their mind once they have signed a contract unless there is some language in the contract that will allow them to back out of the sale. You need to review the terms of your purchase and sale agreement.


Can a proposal be included in the contract?

Yes, a proposal can be included in a contract, often as an attachment or exhibit. This inclusion helps clarify the terms and expectations agreed upon by both parties. However, it’s important to ensure that the proposal is explicitly referenced in the contract to avoid any ambiguity. It’s advisable to have legal counsel review the contract to ensure all elements are properly integrated and enforceable.


My present real estate agent is ineffective. Is it difficult to change real estate agents?

First, you need to review the contract that you signed to see what you committed to. As long as you follow the right procedure then you won't have problems in changing your real estate agent.

Related Questions

How do you get out of a real estate contract?

You need to review the contract that you signed. If you breach a contract you usually lose your deposit. That's the purpose of a contract. Contracts are not usually drafted so that one party can "get out" unscathed.


Can someone legally bind someone else by a contract?

Yes. That is the purpose of a contract although you haven't included the details.Yes. That is the purpose of a contract although you haven't included the details.Yes. That is the purpose of a contract although you haven't included the details.Yes. That is the purpose of a contract although you haven't included the details.


Explain the purpose of a contract with reference to a policy - short term insurance?

What is the purpose of a contract?


Is it legal to create a contract for an illegal purpose?

No, it is not legal to create a contract for an illegal purpose.


The down payment on a home cannot be met. Can a purchase agreement be canceled?

You need to review the contract you signed to determine if you can get your deposit back. If the agreement was contingent on your being able to amass the down payment then the contract can be voided. However, you need to review what you signed. It would be best to consult an attorney it there is no language in the contract to release you in this situation.You need to review the contract you signed to determine if you can get your deposit back. If the agreement was contingent on your being able to amass the down payment then the contract can be voided. However, you need to review what you signed. It would be best to consult an attorney it there is no language in the contract to release you in this situation.You need to review the contract you signed to determine if you can get your deposit back. If the agreement was contingent on your being able to amass the down payment then the contract can be voided. However, you need to review what you signed. It would be best to consult an attorney it there is no language in the contract to release you in this situation.You need to review the contract you signed to determine if you can get your deposit back. If the agreement was contingent on your being able to amass the down payment then the contract can be voided. However, you need to review what you signed. It would be best to consult an attorney it there is no language in the contract to release you in this situation.


Does a finance company have the right to back out of a contract after 10 days?

You need to review the contract to determine what rights the lender reserved in that contract.


Can you provide a review of my employment contract?

I recommend seeking legal advice to review your employment contract thoroughly. It's important to understand all terms and conditions before signing.


How do I cancel my directv?

You call them and cancel. If you signed a contract, review the contract for any early termination requirements.


Can owner of property stop buyer from making payments on land and take possission of land again?

You need to have an attorney review the terms of your contract.You need to have an attorney review the terms of your contract.You need to have an attorney review the terms of your contract.You need to have an attorney review the terms of your contract.


Does someone have any legal rights to kick you out if you have been paying the payments on time and for almost a year if you are buying the place and have a signed contract?

You need to consult with an attorney who can review the terms of the contract.You need to consult with an attorney who can review the terms of the contract.You need to consult with an attorney who can review the terms of the contract.You need to consult with an attorney who can review the terms of the contract.


Can you drop hazard insurance from your mortgage?

You need to review your mortgage documents. You signed a contract and you need to determine what the terms are regarding insuring the premises.You need to review your mortgage documents. You signed a contract and you need to determine what the terms are regarding insuring the premises.You need to review your mortgage documents. You signed a contract and you need to determine what the terms are regarding insuring the premises.You need to review your mortgage documents. You signed a contract and you need to determine what the terms are regarding insuring the premises.


What is the purpose of an institutional review board?

The purpose of an institutional review board is to hold the agency or organization accountable for its actions and policies. The review board also looks into the complaints of consumers and investigates their causes.