Types of Legal Documents If you are the manager or owner of a small firm, you will find many situations where you will need some legal documents to attain specific goals. These documents include the following: • • • • • •
Memorandum of Association, Articles of Association & Prospectus. Employment Forms: Rules of conduct, employment agreement, waiver and termination. Real Estate Forms: Rental agreement, sublease form, lease agreement, rental application, land purchase agreement and warranty deed. Partnership Forms: Partnership Agreement, Limited Liability Co. Agreement, Partnership Dissolution. Business Forms: Pledge Agreement, Nondisclosure agreement, noncompetition agreement, quitclaim deed, settlement release agreement. Will & Trust Forms: Power of Attorney, Estate Plan, Last Will & Testament.
Legal Document Templates There are several websites that provide hundreds of templates for different types of legal documents that are required by businessmen. These templates can be customized according to one’s own desire. Different software tools are available to edit the templates / samples… and that too at a nominal cost. Good tools provide autofill option, which allows the data to be filled automatically based on the information provided by you in the questionnaire. Other major features include: •
Option of sending legal documents by email.
Feature of exporting documents in Excel, PDF and Word formats. Option of searching the documents by Type or Area.
Some Tips to be followed while drafting Business Documents If you will follow these tips and tricks, you will be able to create any kinds of documents in a completely professional way: • • • • • •
Plan the situation that you need to include in the document. Research about the basic laws that are related to your area, like negligence, breach of contract, debt collection or other. Think carefully about the possible risks in the type of business you are running. Analyze the ways and means by which you can save yourself against those risks. Think on how the various terms and clauses will interact… what will happen in case of a conflict between 2 terms. Think on how various disputes will be settles… what laws will be applied.
This type of detailed research will help you search for appropriate legal document templates and customize it if the need arises.