How To Draft A Contract Agreement
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You and 6 other people agree to the deal, and a business agreements is drawn up. You will every put in $10,000, except for John, who will substitute his experience and time for his contribution. The revenue will be break up equally 7 methods. The $60,000 is probably adequate for the down payment, as well as the costs of closing, obtaining a survey, and carrying costs. If not, you have all agreed to lead $5,000 much more if necessary.
Some people have the wrong idea about contracts. It does not matter if you have a contract with complex legal terms, or you signal a simple, straight to the point contract. If people want to split their business agreements, they will do it.
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