In today’s real estate market, the agreement value of resale flats plays a crucial role in determining the final price of the property. Buyers and sellers alike rely on this information to negotiate a fair deal. Similarly, in the art world, artists and clients rely on art commissions contracts to establish the terms of their collaboration.

For individuals working on a fixed-term contract, obtaining a mortgage might seem challenging. However, it is still possible to secure financing. Financial institutions have devised specific guidelines to assist individuals in this situation.

The Collective Agreements Act governs the relationship between employers and employees in various industries. This act ensures that both parties adhere to agreed-upon terms and conditions, such as wages, working hours, and benefits.

Insurance policies often contain a reimbursement agreement clause. This clause outlines the conditions under which an individual can be reimbursed for expenses incurred due to covered events, such as accidents or medical emergencies.

The doctrine of severability is a fundamental principle in the Indian Contract Act. It states that if any part of a contract is found to be illegal or void, the remainder of the contract will still hold its validity.

When studying abroad, students often enter into a learning agreement with their host institution. This agreement outlines the courses they will take, the credits they will earn, and other academic requirements.

In real estate transactions, there are two key documents: the purchase agreement and the settlement statement. While the purchase agreement establishes the terms and conditions of the sale, the settlement statement provides a detailed breakdown of the financial aspects of the transaction.

For any contract to be legally binding, certain criteria must be met. These criteria include offer and acceptance, consideration, and the intention to create legal relations. These elements collectively form a binding contract.

When collaborating on a business venture, parties may choose to enter into a profit-sharing agreement. This agreement example defines how profits will be distributed among the participants, ensuring fairness and transparency.