Law Offices of Frese, Whitehead & Anderson P.A.

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Understand the term of a contract before you sign it

One of the most important things that you can do when you are in a business relationship with another entity is to have a contract that governs the situation. This ensures that you are protected if anything happens and the terms of the contract aren't met. We know that you probably hope that you won't ever have to deal with this situation, but it is good to know that the protections are there if you do need them.

Understanding the terms of your contract is something that you need to do before you sign it. One term to pay close attention to is the resolution method in the contract. This is where you will find out what options you have if the other party doesn't uphold their end of the deal.

Some contracts severely restrict resolution methods. This might include a requirement that you go through arbitration instead of being able to file a lawsuit. While this might not sound like a huge deal, you need to find out the terms of the arbitration, so you can decide if you are prepared to live with that clause of the contract.

We can review the contract for you before you sign it and point out any concerns we have. If you do end up needing to take action because the other party didn't comply with its responsibilities, we can work with you to attempt to make things right again. Taking action for breach of contract is a complex undertaking, but we represent our clients from the start of the claim through the final resolution.

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