Are you in the process of drafting a legal contract? There is a certain basic format while drafting any legal document. While there definitely are exceptions to the rule, find below a checklist for a generalized format for legal commercial contracts that may be useful while drafting a legal business document.

• Name of party
• Address/details of the parties
• Clear description of the subject of contract
• Purpose of the contract
• Description of goods/services
• Date from when starting contract
• Contract ending date
• Procedure for termination of contract
• Procedure for renewal of contract
• Obligations Pricing/ tax details
• Check all attached documents
• Title and power of contractor
• Payment terms and details
• Liability details
• Rights/ duties of parties
• Jurisdiction area/state
• Check for grammar /spelling mistakes
• Force Majeure clause
• Warranty details
• Due dates/ deadlines
• Partial payments
• Non disclosure agreements
• Insurance and coverage

The above list is not exhaustive and more points may be added depending on the specific type of contract that is being signed. Managed Outsource Solutions is an Oklahoma based online service provider of legal outsourcing offering very affordable services in legal transcription, legal document preparation, legal animation , legal research, legal coding and legal web design services to clients in the UK, the US ,Canada and Australia.

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