What is pari passu in a Loan Agreement? What is Pari Passu in reference to a loan agreement? You’re wondering if I’m swearing at you in Swahili, aren’t you? Well, find out if I am. Hi everyone, Simon here from the Contract Company. Contracts,...
Watch this video if you would like to know if you can witness a contract. So you want to witness a contract or a deed, and you’re not sure if you can. Well, here are the four key rules that you need to be aware of when witnessing a contractor or a deed. Hi,...
When it comes to contracts, knowing who has the responsibility can feel like a legal minefield. But, if you’ve found yourself in this situation, don’t worry because I’m going to tell you all you need to know. I’m Simon, by the way—founder of The Contract Company. I...
A deed of variation is a contract that makes changes to someone’s will after they have died. It happens when the beneficiaries of a will agree to distribute the estate differently to the terms the will sets out. It is a legal document that must be drawn up by a lawyer...
Looking at a loan agreement shouldn’t have to be a scary thing. When it comes to binding contracts, you may see a lot of technical talk and jargon you probably may not even understand. The truth of the matter is, you need to fully understand a loan agreement...
“The contract you did for us was the ONLY reason we were able to avoid paying out over $300,000! Can’t thank you enough!!” – Peter H
The Contract Checking Process Explained
The Contract Checking Process Explained
Contact Us
Call us or send us a contact form telling us the type of contract you need
Phone Call
If you sent us a contact form we will call you to discuss you enquiry
Quote
We will provide you a firm fixed price quote within 12 hours of our call
Quote Option 1: Basic Check
For the quoted fixed firm price we will review the contract and highlight in the contract (using the ‘comments’ feature in word) the risks, issues or problems with a clause, or sentence or the contract in general. This way you understand the contract you are about to sign and can make an informed decision as to whether you should sign the contract.
Quote Option 2: Comprehensive Check
We review the contract, and make amendments or modifications to the contract to make it more favourable to you (as most contracts are drafted in favour of the party that created the contract). We then insert a comment for the other side, or for the other side’s solicitor, about why we want the change and why the change is reasonable. The comment is therefore similar to a ‘sales pitch’ to the other side ‘selling them’ on why the proposed change is fair and reasonable.This way all you have to do is forward on to the other side the version of the contract that we create for you. Makes your like simple and gets you a better result!
4 Business Days
Once you accept the quote we will review the contract and provide our feedback within 4 business days.
The Contract Drafting Process Explained
Contact Us
Call us or send us a contact form telling us the type of contract you need
Phone Call
If you sent us a contact form we will call you to discuss you enquiry
Quote
We will provide you a firm fixed price quote within 12 hours of our call
4 Business Days
Once you accept the quote we will create your contract within 4 business days (you can get it faster if you need)
2nd Version
Once we receive your answers we will provided you with the second version of the contract which should be 95% to 100% complete and accurate!
Answers
Answer the questions and send the contract back to us
Questions
Your contract will include questions in the draft contract for you to answer
90% Accurate
Your contract will be 80-90% complete and accurate when we send you the first draft
Repeat If Necessary
If your contract is not quite perfect we will repeat steps 4, 5 and 6 until you are happy
Stats
98% of contracts are finalised after 3 rounds of edits and 99.5% are finalised after 4 rounds of edits (only 1 contract we drafted in the last year took more than 4 rounds of changes)
The Contract Drafting Process Explained
Contact Us
Call us or send us a contact form telling us the type of contract you need
Phone Call
If you sent us a contact form we will call you to discuss you enquiry
Quote
We will provide you a firm fixed price quote within 12 hours of our call
4 Business Days
Once you accept the quote we will create your contract within 4 business days (you can get it faster if you need)
90% Accurate
Your contract will be 80-90% complete and accurate when we send you the first draft
Questions
Your contract will include questions in the draft contract for you to answer
Answers
Answer the questions and send the contract back to us
2nd Version
Once we receive your answers we will provided you with the second version of the contract which should be 95% to 100% complete and accurate!
Repeat If Necessary
If your contract is not quite perfect we will repeat steps 4, 5 and 6 until you are happy
Stats
98% of contracts are finalised after 3 rounds of edits and 99.5% are finalised after 4 rounds of edits (only 1 contract we drafted in the last year took more than 4 rounds of changes)