Written Agreement

A written agreement is a formal document that details the terms and conditions of a relationship or transaction between parties. It serves to clarify expectations, outline responsibilities, and provide a reference point in case of disputes. This type of agreement is legally binding, meaning that if one party does not fulfill their part, the other can take action to enforce the agreement. Common examples include contracts for employment, leases for rental properties, and business transactions. Having a written agreement helps ensure that all parties understand their commitments and protects their rights.