You may ask this to yourself every now and then. Writing complex agreements for smaller, day-to-day deals might feel like a bit of an overkill. After all, visiting a lawyer takes time, money and it’s not particularly amusing either.
Whether you decide to make a contract depends on what are the stakes of the deal. If you’re selling a pair of old sneakers then no need to bother with it. Set the price and facilitate the selling.
Most of the arrangements are completed without a dispute. But what about a handful of cases when something goes wrong?
Maybe the other party does not want to pay for the shipped items. Maybe you get the device and a few days later find out that it’s faulty. This happens more often than you think.
Situations like these can cost you a lot. Would you want to save a few bucks on writing a contract when selling your house? Or when you are leasing out your apartment to someone you don’t know? You should not.
A contract is so much more than a piece of paper that gives lawyers work. It entitles you guarantees, protection from changing terms later and the power to assert your rights in front of courts.
Free online contract templates
You think to yourself ‘Why would I pay for a lawyer. I can find a good contract template on Google, that can’t be hard, right?’ Sounds familiar? We have all been there.
You search for ‘rental lease agreement template’, download the first result you see and fill the dotted lines with your info. It’s all set, you lean back and sign the document.
Little did you know that the template you used has been out-of-date for years. Also, it was uploaded by an art student who has never studied law.
You might be left with a 1-year long agreement with a tenant who you have no control over. Or you could be selling your car without any guarantee for hidden mistakes occurring later. Why risk getting a headache later?
Creating contracts on your phone
You are right, going to a lawyer is not the most fun activity we can imagine. Noone likes visiting them. That does not mean that you should not care about contracts at all.
But what if I told you it did not have to be like this?What if you could draft legally-binding contracts from the comfort of your phone?
Everprove Mobile is making this happen in the first quarter of 2020. We are bringing you the most commonly used contracts to cover a wide range of everyday deals.
Step 1: Choose a contract from our templates
Choose ‘bill of sale’, ‘loan agreement’ or ‘rental lease agreement’ and enter the details in the professionally prepared templates.
Step 2: Discuss, confirm and sign
Send the draft contract to your partner for review. Discuss, finalize and confirm with a legally-binding digital signature.
Step 3: Everprove records the contract on the blockchain
Digital signatures make sure that the parties can be uniquely identified, while blockchain technology serves as a medium to record and certify your contract in a trustless manner. Your data is cryptographically encrypted so your deal remains confidential.
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