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Making sure your contract holds up

July 11, 2017 by Collis & Griffor PC

You have done the hard work of hammering out an agreement. Now you need to make sure you end up with a properly written and signed contract, as Michigan law requires for many types of agreements.

Although you may not anticipate problems at this time, disputes can arise in unpredictable ways. Dotting your i’s and crossing your t’s today can save you a world of trouble tomorrow.

Get all necessary signatures

Both parties should sign the contract. Even though you may be able to get a court to enforce it without a signature, you will find it much easier to prove the other party intended to enter into the contract if you can produce a contract with an authorized representative’s signature.

Check who will be signing the contract

This leads to the next step in vetting your contract: make sure the person signing it on behalf of another party has proper authority to do so. Even if this person has been your chief point of contact as you worked out the terms of the agreement, he or she may not necessarily have the power to act on behalf of the company.

Verify the content

Before signing, read through the contract once again, even if you feel you know it all by heart at this point. You need to verify this is the same contract you have agreed to. Once you sign, you will be bound by the terms unless you can show the other party acted fraudulently in order to get you to sign.

Initial any changes

If you agree to last-minute changes, you may choose to set down the changes in writing on the contract rather than print a revised copy. If you choose to do so, both you and the other signatory should initial every new point.

Date your signature

Although your contract can be valid without a date, dating can help you establish vital information such as when the contract became effective. In case of future disputes, the date of the contract can become relevant for a variety of issues.

Many business owners choose to get legal help in drafting contracts and taking measures to ensure their validity. Doing so can help you avoid many types of problems and disputes later on.

Categories: Business Litigation

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1851 Washtenaw Rd.
Ypsilanti, MI 48197

Tel: 734-827-1337
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Collis & Griffor, PC
Collis & Griffor, PC
3.9
Michael Bowerman
Michael Bowerman
17:09 13 Apr 17
I have used Stewart Collis on three separate occasions over the past 10+ years, two concerning animals and once for family law. In all three cases, Stewart has been prompt, courteous and understanding of my concerns. I would recommend him to anyone looking for advice or representation.
johnny Irwin
johnny Irwin
17:06 16 Jan 17
I am a business owner and Collis and Griffor PC was extremely helpful in setting up my LLC and other business documents. They worked very closely with me to make sure I understood exactly what I needed. I have consulted with them at every turn, and I appreciate the personal touches. I would highly recommend this firm to everyone with legal needs. Collis and Griffor PC is the best firm out there!
Calvin Hopkins
Calvin Hopkins
16:00 16 Jan 17
Terribly unprofessional and rude. He asked for us to talk to him like he is dumb. Saying "I'm not a dumb person, I just like to ask dumb questions." When we expressed how we felt he was condescending in his approach we were promptly asked to leave. Like the other reviewer says take your business elsewhere.
Douglas Stearns
Douglas Stearns
16:13 14 Dec 16
Went through this firm to attempt to help a friend. Basically charged me thousands of dollars to tell me in the end that they couldnt help me with my legal problem. Roughly four thousand dollars and did absolutley nothing. Got taken to the cleaners. Take my advice and your business else where.
Josh Duncan
Josh Duncan
17:10 16 Jan 17
Highly recommend! Friendly staff and knowledgeable attorneys.
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