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.