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Making a Letter of Agreement
A Letter of Agreement sets out the terms of a working relationship by including information such as the contact information of both parties, the agreed-upon terms, including payment, when the agreement goes into effect, and when it will end. Outlining the terms of your arrangement through a Letter of Agreement will help you protect your legal rights and know your responsibilities.
Making a Letter of Agreement online is simple. Just answer a few questions and Rocket Lawyer will build your document for you. Consider these questions beforehand to make the process speedier:
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A contract is legally binding while a Letter of Agreement is usually non-binding, unless it is signed by both parties.
There are numerous types of contracts, but four common types of contracts include: