Things to Consider Before Signing a Contract

Contracts Are Binding — Know What You’re Signing

Whether you're hiring a contractor, leasing a property, or entering a business partnership, a written contract is more than just paperwork — it’s a legally binding agreement. But too often, people sign documents without fully understanding their obligations.

Here are five key things you should always consider before signing any contract:

1. Understand Every Clause

Never skim a contract. Pay close attention to:

• Payment terms

• Termination conditions

• Confidentiality or non-compete clauses

If you don’t understand a section, ask. A vague clause can cost you later.

2. Confirm All Verbal Agreements Are Included

If something was promised verbally, make sure it's written in the contract. Courts usually enforce what's in writing, not what was discussed informally.

3. Know Your Exit Options

Can you terminate the contract? If so, under what conditions? Look for:

• Cancellation windows

• Penalties or fees

• Required notice period

4. Check for Liability and Indemnity

Contracts often outline who is responsible if something goes wrong. Make sure you’re not unfairly liable for risks beyond your control.

5. Consult a Legal Professional

Even simple contracts can hide complex legal risks. An attorney can:

• Clarify confusing language

• Identify red flags

• Suggest edits that protect your interests

Final Thought

Signing a contract without full clarity is like boarding a ship without knowing the destination. At [Your Firm Name], we help clients navigate contracts with confidence.

📞 Need help reviewing a contract? Please send an email to mm@mtcspain.com for a consultation.