Agreement Letter Template
Agreements are of many kinds – agreements for sale, agreements for rent, agreements for lease and license among many others. Most of these agreements have standard clauses and standard verbiages.
Previously, these agreements needed to be typed or were written by hand on stamped court paper. However, in today’s world, agreement letter templates are created by lawyers or the concerned parties. Once created, these templates only need to be edited to insert the names of the parties. At the most, minor tweaks are made to some of the phrases or clauses, before being printed on stamped paper.
Thus an exercise which used to take atleast two or two and a half hours can now be completed in less than ten minutes. Therefore, agreement letter templates save a lot of time.
These agreement letter templates save a tremendous amount of hassle as well. Rather than research for the correct phrases and clauses and be concerned about the probability of missing out on important points, these saved templates can be referred to almost instantaneously.
There is one drawback though, since most persons nowadays realize that the agreements are drawn up from standard agreement letter templates, there is a tendency to blindly sign the agreement without reading. However, it is always advisable, whatever be the reason for drawing up of the agreement – for the parties to read through the documents carefully and scrutinize every word before signing or initialing it. This is a necessity as these documents are legally binding once they have been signed.
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