GENERAL AGREEMENTS

• Employment Contract :An employment agreement is an agreement that specifies relationship of an employee and employer. When hiring, an employment contract becomes a mandate irrespective of whether the hiring is full time or part-time. It specifies the breakdown of the salary, date of joining, notice period etc.


• Consulting Agreement: Consulting Agreement is an agreement or a contract between two parties out of which, one is being a consultant and other being a business or an individual that is taking certain services from the consultant. It is a consultancy contract in which the terms and conditions of consultancy scope, acts, deeds are clearly defined. It stipulates tenure of consultancy. Consultancy is important if working needs to be professionally accurate. 


• Legal Notice: When a person decides to take legal action, one of the first steps involved, is sending an official communication to warn the offender of his/her intentions when a specified condition was not complied upon as agreed, when the contract was signed between both the parties. For instance, a legal notice can be issued to a tenant for not paying the rent as per the agreed terms and conditions. Therefore, this gives the landlord the right to send a legal notice to the lessee with immediate effect.


• Gift Deed: A gift deed is a legal document which is a voluntary transfer of Gift from owner of property (known as DONOR) to the receiver of Gift (known as DONEE) without any exchange of money. Thus, it is a legally binding contract that transfers the ownership of a property (real estate) from one person to another. A gift deed is signed by the donor and is attested by two witnesses. The stamp duty charges may vary from state to state, which must be paid according to the value of property.


• Rental Agreement: A rental agreement is an agreement or a contract between an owner and the one who receives a temporary possession over anything rented by the owner. The rental agreement could be regarding anything. It could be real estate, vehicle, personal possessions, clothes etc. A rental agreement is a month to month agreement. It is a tenancy of a short period usually of 11 months.


• Sale Deed: A Sale Deed is a deed by which a seller transfers his rights in the property to the other, who acquires absolute ownership of the property. The buyer should ensure the title of the seller before the execution of the Sale Deed. Thus it is governed by Transfer of Property Act and is an important document for both the buyer or seller.


• Will: A will is a legal document by which a person, the testator, expresses his or her wishes as to how his or her property is to be distributed after his death, and names one or more persons, the executor, to manage the estate until its final distribution. Therefore, a Will is a legal declaration of the intention of a testator with respect to his property, which he desires to be carried out after his death.


• Non-Disclosure Agreement: A non-disclosure agreement (NDA) is a legal contract that states certain information to be confidential and the extent to which its disclosure is restricted to third parties. It can be entered into with a person or an organization. Confidential information includes trade secrets, business plans, business methods and strategies, drawings, charts, and so on. Consultants and agencies are usually asked to sign NDA, to protect trade secrets and other business information as they mostly work with multiple organizations.