What you need to consider before signing a contract depends upon the type of contract that you are contemplating. Within any contract it is critical that the parties be properly identified. If you are dealing with a business entity other than a human being you need to make sure that business entity has in fact been properly formed, is recognized by the local or state government as being an existing entity and is in good standing. The contract should also clearly state exactly what the consideration is for the transaction.
In general terms you need to make sure that the contract is written in plain English that you understand. If there are terms used in the contract that you do not understand or have some concern that you may not understand the full import of, then you should seek legal advice.
In the context of personal injury claims the personal injury attorney that you hire will ask you to sign a contract called a retainer agreement. The same principles stated above apply to this contract.If your personal injury claim is settled then you will be asked to sign a contract in the form of a release.
See Brien Roche’s book Law 101 published by Sphinx Publishing for more information on this subject.
Legal answers provided by Brien Roche, a personal injury attorney with over 35 years of trial experience. Contact Us today to discuss your contract matter.
For more information about contracts see the pages on Wikipedia.