Garden City Commercial Contracts Lawyers
Whenever businesses need to create a commercial contract, it always helps to have a lawyer. Commercial contracts protect businesses in several different aspects. If there’s one problem, it can significantly impact a business’s structure. Our Garden City business attorneys aim to help businesses get through difficult aspects so that they can safeguard their company and avoid potential problems that may arise.
Call Bashian & Papantoniou P.C. today at 516-279-1555.
What Are Commercial Contracts?
Commercial contracts are agreements between two or more parties to do or not do something. The agreement can be for goods, services, money, or property. It can be written, oral, or implied by law or conduct. Typically, each party agrees to give something of value to the other party in exchange for what they are getting.
Each party also agrees that the contract is legally binding and that they will exchange what they have agreed to. In some cases, a third party may be involved in enforcing the contract if one of the parties does not fulfill their obligations. Whether you are a business owner or an employee, it is important to understand the basics of commercial contracts so that you can enter into agreements with confidence.
What are Examples of Commercial Contracts?
Commercial contracts may be written or verbal, formal or informal, and may relate to any various types of business-related activity such as employment, processes, and safety. Written commercial contracts are typically preferred as it is difficult to enforce a verbal one when one is involved in a dispute. Commercial contracts are generally used to establish terms involving business activities. Common components of commercial contracts include an offer, consideration or form of payment, and acceptance. Our Garden City commercial contract lawyer can help assist you through these contracts.
General business contracts:
- Joint Venture Agreement
- Settlement Agreement
- Use of Intellectual Property
- Sales of goods and services or parts
- Purchase Order
- Employment Agreement
- Confidentiality Agreement
- Termination Agreement
- Real Property Lease
- Purchase of Real Property
- Lease of Equipment
How Can a New York Business Attorney Help With Commercial Contracts?
Here are some of the services our commercial contract attorneys can offer clients:
Drafting contracts: Our lawyers can draft clear and concise contracts that embody the client's business objectives and protect their interests.
Contract review: We offer meticulous contract review services to ensure all terms are understood and fair, and there are no hidden clauses that could harm the client's interests.
Negotiating contract terms: Our attorneys have extensive experience negotiating contracts, ensuring the terms are beneficial and fair for our clients.
Resolving contract disputes: If a dispute arises, our attorneys are skilled in negotiation, mediation, arbitration, and litigation to protect the client's rights.
Advising on contract law: We educate our clients on the nuances of NY business corporation law to enable them to make informed decisions.
Contract termination: When necessary, our lawyers can guide clients through the legal implications and processes of contract termination.
How Do I Make a Commercial Contract with a Lawyer?
First, the contract should clearly state the purpose of the agreement. This will help to prevent any misunderstanding about the terms of the contract.
Second, the contract should identify the parties involved in the agreement. This will ensure that each party knows their rights and responsibilities under the contract.
Finally, the contract should detail the terms of the agreement, including any deadlines or performance standards.
Once these elements have been included, the contract should be reviewed by a lawyer to ensure that it is legally binding.
Our team at Bashian & Papantoniou, P.C. is here for you. Our Garden City business lawyers will work with you to create a commercial contract designed to safeguard your business every step of the way. Trust that we’re here to help you with meticulous planning and a commitment to your needs.