This guide to general contracts in the United States gives a high-level overview of key legal concepts, including contract formation with general discussions as to authority, formal legal requirements, formalities for execution, the requirements for deeds and notarization, powers of attorney, and virtual closing and completion meetings. It also considers the different types of contractual terms, variation, assignment and waiver of contracts, enforcement and remedies, and cross-border issues.
Originally published by Thomson Reuters as part of the Practical Law resource center.
Read more: An overview of contracts, negotiation, and enforcement in the United States
Authored by Oliver (Ollie) J. Armas, Kelly Tubman Hardy, Steven M. Kaufman, Randy S. Segal, Eli Mekonen, Herman Brown, and Victor A. Ghazal.
