Good contract drafting requires careful consideration of the subject matter to define its terms accurately and ensure that the drafting is correct, clear, and comprehensive. This necessitates adherence to certain principles during both the preparation and final writing stages.
We ensure that the contracts we draft comply with local and international laws and regulations. Our contracts are comprehensive and meticulously crafted to protect you from potential legal risks and ensure you receive all your rights. Our team consists of experienced attorneys specialized in contract drafting.
Here are some examples of contracts we draft at Legal Affair for Law and Legal Consulting:
- Contract Parties
- First Party: The first party in the contract is the one who acquires a right (the creditor).
- Second Party: The second party is the one who assumes an obligation (the debtor).
- The contract is invalid if it is signed by anyone other than these parties.
- Elements of the Contract
- The elements of a contract are three:
- Consent
- Subject Matter
- Cause
- If consent is not present, for instance, if one party to the contract lacks consent, the contract is considered void. A contract formed under coercion of one of the contracting parties is also deemed invalid. Consent is related to the capacity of the parties, which is typically available only to a mature and sane individual.
- A minor cannot contract, nor can an incompetent person or someone who is mentally ill enter into a contract with another party.
- Types of Commercial Contracts
- Contracts can be divided into two main types:
- Named Contracts: These include contracts such as sales, partnerships, agency, contracting, and employment. They are termed "named" because the law regulates them with specific legislative texts that the parties cannot deviate from.
- Unnamed Contracts: These contracts govern transactions between individuals that are not categorized under named contracts. General rules of civil law and commercial transactions govern unnamed contracts.
- Difference Between Contract and Agreement
- The distinction is defined by judges, legal practitioners, and scholars. Every contract is an agreement, but an agreement is not a contract unless it creates an obligation or obligations.
- Sales and Purchase Agreements
- Our agency is dedicated to drafting and finalizing sales and purchase contracts between parties, ensuring the transfer of ownership from the seller to the buyer in exchange for the buyer's commitment to pay the agreed-upon price to the seller, along with other specific agreements.
- Commercial Contracts
- Our agency excels in drafting all types of commercial contracts to achieve their intended purpose while ensuring and protecting the rights of all parties involved, and ensuring compliance with their obligations. In Dubai, the types of commercial contracts we handle include:
- Company Formation Contracts, including related activities such as management, liquidation and others.
- Commercial Agency Contracts.
- Franchise Agreements.
- Transport Contracts, including land, air, and sea transportation.
- Marketing Contracts.
- Lease Agreements.
- Employment Contracts.