Best Contract Lawyers in Essendon and Sunshine
A contract consists of terms and conditions which are enforceable in the court of law. Contract lawyers in Essendon and Sunshine draft, review, negotiate, and interpret contracts, keeping in mind the rights of the clients are protected and the obligations are clearly stated to avoid the possibility of disputes arising in the future. In short, contract lawyers guide through the issues which might take place due to contracts.
Disputes arising due to contracts will tend to be expensive, so it is best to get in touch with contract lawyers in the early stages to ensure everything is just and fair. A contract lawyer will be able to assess the risks that are involved and provide advice on the liabilities and will also be able to negotiate on your behalf to make crucial amendments in your best interest.
Meaning of a Contract
A contract is an agreement made between two or more parties and can be enforced in court. This could be a complicated document containing several pages full of legal terms and conditions.
To be enforceable in the court of law, a contract must have the following:
- An individual or a party should have made a contract and the other party must have accepted and approved it
- Everybody in the contract must be aware of their obligations and what they are expected to do
- All the parties involved in the contract have either given something or taken something as a result of the agreement that has been made.
Key Considerations for Contracts
The focus while making a contract are an offer, acceptance, consideration, and intention to enter into a contract. A contract can be terminated at any time with mutual understanding.
Methods of general termination of a contract:
Performed termination:
This happens when the task set in the contract has been completed
Agreed termination:
As the name implies, agreed termination occurs when the parties agree mutually
Legal discharge:
This occurs through frustration or if there was any illegality
Breach discharge:
The affected party elects to discharge the contract or even take it to the court
Termination of an offer is when the person who makes the offer withdraws the offer formally before anybody accepts it. The other reasons a termination of offer would take place are: if the time specified has elapsed or the incapability of the person who accepted the offer is not able to meet the requirements.
Breach of contract:
A breach of contract occurs when one party does not comply with their obligations in the contract. The party affected by this can bring it to the court to get compensation. If the contract has been brought to the court, then compensation can be claimed by the affected party who filed the case. To have a clear understanding of a contract, a proper contract needs to be made. An ideal contract is one in which it states the terms clearly and is thoroughly read and understood by all the parties involved in it. If a proper contract is done, then it will not be necessary to look at it often as the parties are fully aware of their obligations and role to be performed.
Contract law forms the base of a huge portion of Australia’s civil legal systems. Be it a simple task or a complex task, we are here to assist. At Daniel Lawyers in Essendon and Sunshine, we have experienced contract lawyers who can help you in the making of a contract or understanding it. Give us a call on (03) 9687 3211 for 30-minute phone consultation. You can also email us at enquiries@daniellawyers.com.au.
