A Letter of Agreement is a document that outlines the terms and conditions of an agreement between two parties, like a more concise version of a contract. Letters of Agreement may be used for more straightforward agreements, such as short-term projects, simple business arrangements, and freelance work. A Letter of Agreement sets out the terms of a working relationship by including information such as the contact information of both parties, as well as the agreed-upon terms, including payment, when the agreement goes into effect, and when it will end. Outlining the terms of your arrangement through a Letter of Agreement will help you protect your legal rights and know your responsibilities. Get started making yours with Rocket Lawyer now!
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