What is a Sales and Purchase Agreement? A sales and purchase agreement, otherwise called SPA, is a legally binding document (contract) between two parties that binds a transaction to happen between a buyer and a seller. A sales and purchase agreement is commonly used for real estate dealings, but they are found in other areas […]
Eviction Notice In Texas
An eviction notice in Texas is used by a landlord to inform a tenant of a lease violation. The landlord must inform the tenant and explain the offense committed and the given number of days to fix it. Once the problem is resolved, the lease will continue as before. In case, if the tenant does […]
A freelance contract
What is a freelance contract? A freelance contract determines working terms between a freelancer [or “contractor”] and a person or company that requires their services. Clearly drafted freelance contract, makes it is for both sides to comprehend what to expect from each other. With the help of mentioned contract, projects get completed and sent in […]
What is an invoice and how does invoicing function?
Meaning of an invoice An invoice is a document that records and retains a transaction between the seller and buyer. If goods or services were obtained on account, the invoice basically defines the terms of the agreement and gives information on the available methods of payment. Invoices are crucial constituents of accounting internal controls and […]
End user licensing agreement
What is an end user licensing agreement? A software licensing agreement entered into between a software publisher and the user is known as an end user licensing agreement (EULA). It involves certain information concerning the software, the rights of the user and the rights of the company. To show the type of the relationship between […]
Photo release form
Quick overview of a photo release form A photo release form can be a legally binding document that businesses and photographers must use when they work with models of any kind. It gives the business or the photographer the lawful right to utilize the image or likeness of the image with or without identifying the […]
What is a purchase order?
Purchase order meaning A purchase order, also known as PO, is a legal document that buyer sends to a vendor or supplier to authorize a purchase. Purchase orders outline what the buyer would like to purchase and the amount of the product they would like to receive. PO helps both the buyer and seller document […]
Buy and sell agreement (buy sell agreement)
What is a buy and sell agreement? A lawfully binding contract that sets out how a partner’s share of a business may be reassigned if that partner passes away or otherwise leaves the business is known as a buy and sell agreement. Most frequently, it specifies that the available share is sold to the partnership […]
Affidavit form
A sworn statement made willingly in writing is called an affidavit. It can be used for many reasons including: 1) An attestation of birth; 2) An attestation of death; 3) An attestation of a place of residence; 4) Provision of evidence in a trial by law. Depending on the laws in the jurisdiction and the […]
A partnership agreement
A partnership agreement template People are acting in partnership when they work in business together and share income or losses of the business. A partnership is not a separate legal entity, when a company is. It means that each partner is personally responsible for the activities of other partners and any liabilities the partnership meets. […]