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Free printable residential lease agreement template – If you’re a creative individual who wants to convert your”creative juices” into an earning mechanism then you should educate yourself by understanding the ins and outs of having a business contract. Nowadays, having verbal arrangements when engaging into business clients is no longer working as it most often results to disagreements and torn relationships. Why do you require a contract in the first place? A written contract can protect you in a variety of ways. For starters, a written contract can help define the scope of work that includes your deliverables in addition to the project timeline.
Secondly, a contract outlines every detail associated with money. Payment disputes are a common issue that creatives often face. Aside from detailing just how much you should get for your services, the contract should answer a few key questions, including: whether you are going to get upfront payment; once you will receive payments; what happens when the project falls through, and if there will be late charges and reimbursements for expenses.
A written contract will also decide who gets the ownership of the deliverables. For some types of work, the possession is clear cut. However, for some works like logos or written articles, the customer and the service provider should come into an agreement as to who finally owns the work. As the service provider, you may choose between two options: assign or give ownership to the client, or grant a permit to the customer while you retain ownership of the end product.
Contracts may also serve as a clear guide for both parties when it comes to effecting changes to a project. Sometimes, clients will request changes to the originally agreed upon concept and it is critical for builders to spell out the terms of what counts as extra work and additional charges for the customer. Drafting a contract could be confusing – intimidating, even – for a good deal of people. If you don’t have the time or money to attend a lawyer for contract drafting tips, your next best alternative is to use a business contract template. Employing a business agreement template, you can just add the relevant details associated with your project. The important thing is that you have an invaluable tool which clearly provides the essentials of your agreement with a customer. Take a look the sample of free printable residential lease agreement template at the attachment page.