Agreement Letter Format

An agreement letter or a letter of agreement is a contract between two or more parties who have agreed to come together for a common purpose. People can enter into agreement letters for various purposes, such as hiring, renting of any movable or immovable property, sale, and purchase of goods and services, etc. In an agreement letter, the parties agree to certain terms and conditions, relating to the purpose, and decide to abide by it.

A letter of agreement is duly signed by all the parties and is legally sealed which is binding on all the parties. This means that in the event of the breach of contract by any party member or members, the other members can sue the former. The agreement letter format contains the certain elements that make up for an ideal contact letter agreeing to the terms and conditions put forward by the two parties involved. The agreement letter format usually consists of elements such as the details regarding the parties concerned in the agreement, time, amount, termination, contract, etc. The tips, sample, and template will help you write the right letter.

Tips To Write Agreement Letter:

Preparatory work for an agreement letter – As the letter of agreement is a legal contract; you need to make notes of all the clauses that you want to add in the letter of agreement. Secondly, give attention to the accuracy of minute details, such as the date of the agreement, the names of the partners, profit-sharing ratio, description of the goods, etc. Other details such as the title of the venture, the completion period of the venture should be explicitly mentioned.
Duties and Rights of the Parties signing the contract – To avoid any dispute, discuss and make a list of the duties and rights of all the parties to the agreement. Also, mention even the simplest and the most obvious of duties and rights explicitly.
Liability of the members to the third party – If applicable, what are the responsibilities of every member to the third party must be mentioned in detail.
Professional Advice – If you find any difficulty in writing the agreement, please take professional help. Ensure that the clauses are within the legal framework of the state as well as the country.
Acknowledgment of the agreement – All the party members, must sign the contract and get it registered with the right authority to make it a legal document.
Transparent Language – The agreement should be written in a language that is understood by all the parties to the agreement.

Agreement Letter Format Template

Use our free Agreement Letter Format to help you get started.

From,

__________

Date: _____ (Date on Which Letter is Written)

To,

__________

Subject – _______________________(Mention the purpose)

Respected Mr./Mrs./Ms._______(Name)

In accordance with the subject, this agreement is proposed to be entered into on the stated date of ____________between and among with ___________ (first party), and_____________ (second party).

By legalized documents, the introduction clause indicates the parties in the agreement and most importantly has to mention the current date of the project documented & notarized as the case may be.

Further as per the agreement, the first party consents to make available the patented name & also make possible to abide by the provisions and carry out the requisite tasks. The second party here upon agrees to oblige with the first party as per the deed entered into.

Also, the concluding part shall contain the intention of the agreement & related clauses like any monetary contributions.

Lastly signing the agreement by both the parties & two or more witnesses will be governed in the court of law in the case of disputes etc.

________________.

(Signature of both the agreeing parties)

Sample Letter

The following is a Sample of an agreement letter format.

From,

Gurumurthy S. Rao,

BHU, Varanasi,

India

Date: July 21, 2013

To,

Sanjay Gupta,

Ghazipur,

India

Subject: Agreement Letter

Respected Mr. Sanjay Gupta,

This agreement is between me Gurumurthy S. Rao and the second party, Mr. Sanjay Gupta to provide staff to my office KV creations on a regular basis for various departments like personnel, HR, management and sales. As per the agreement, my office has 40 branches all over India and several other countries, and we are in need of nearly 140 staff in every month for appointing at different levels and for various projects. And for each successful appointment as per the agreement the company will provide the agency Rs 10,00,000 for an initial contract period of 2 years, and if we get much more good candidates whom we think worth our effort and plans, we will increase the payment by 30% after renewing the contract.

The agency on their part can make any sort of clarifications regarding the ethics and other aspects of the company for their sake and to give information to the candidates coming for the interview. Our condition is that the minimum qualification for all the post of graduation whether technical or general. Regarding each post, the letter containing qualification and salary and other aspects are mentioned in the letter enclose herewith.

Thanking you,

Yours sincerely,

Gurumurthy.

Email Format

To: name@email.com
From: name@email.com
Subject: Agreement Letter
Dear Mr./Mrs./Ms._____________,
In accordance with the subject, this agreement is proposed to be entered into on the stated date of ____________between and among with ___________ (first party), and_____________ (second party).

By legalized documents, the introduction clause indicates the parties in the agreement and most importantly has to mention the current date of the project documented & notarized as the case maybe.

Further as per the agreement, the first party consents to make available the patented name & also make possible to abide by the provisions and carry out the necessary tasks. The second party here upon agrees to oblige with the first party as per the deed entered into.