Legal documents and forms explained.
Learn more about standard types of contracts, and discover the fastest, easiest way to get the signatures you need to seal the deal.
Legal documents, such as contracts and agreements, are mutual promises between two or more parties. They can be seen everywhere — from business deals and employee contracts to residential leases and settlement agreements. While oral agreements are acceptable in some cases, everyone benefits from the clarity of written contracts. Let’s dive into some of the common types.
Examples of legal documents.
- Employment contract: This type of contract outlines the working relationship between an employee and the employer, including roles and responsibilities as well as compensation and other benefits.
- Business agreement: If you’re a business owner hoping to partner with another business, you’ll need to sign a business contract. This typically includes details of the partnership, including all relevant organizational relationships and key financial transactions related to the arrangement, as well as possible non-disclosure or non-competition clauses.
- Sales contracts: If you sell or purchase goods or services, sales contracts serve as legal documentation of the exchange. The buyer promises to pay, according to set terms, and the seller promises to exchange the goods or services. Sales contracts will also determine the details and terms reflected in subsequent invoices.
- Property contract: If you’re buying or selling a home, you’ll likely enter into a purchase agreement. If you’re renting a property or you own a rental property, residential agreements will outline rent requirements as well as details like maintenance expectations, renter’s insurance, parking spaces, and more.
- Settlement agreement: This type of agreement can arise if you find yourself in a dispute with one or more parties. You’ll attempt to solve the problem, usually with the assistance of attorneys or a third-party arbitrator or mediator, keeping the case out of court. If the issue is resolved, the parties will sign formal documentation to legalize the resolution.
These are just a few examples of legal documents that you may come across in your professional or personal life. As with any documents, it’s important to read them thoroughly and understand what you’re agreeing to — if you’re ever in doubt, speak to an attorney for guidance.
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