If you are involved in any sort of business – from real estate or construction to a partnership or a franchise opportunity – you are more than likely involved in at least one, and in reality several, contractual relationships. Relationships based on contracts usually start off well. Two or more parties come together with a common goal and or set of goals and memorialize what they are hoping to accomplish in the form of a contract.
Typically, a contractual relation progresses in the manner foreseen by the parties: contractual obligations are met; duties are fulfilled; and the terms of the contract are satisfied. On the other hand, it is not rare for something to go wrong. When a dispute over the terms of or duties under a contract arises, it can result in a stressful and often costly situation.
Occasionally, the parties may be able to work through the disagreement among themselves, but frequently the concerned parties refer the matter to their attorneys. In some cases, the dispute may arise over a misunderstanding of what is expected under the agreement. In other instances, there may have been an actual breach of the contract, which can result in litigation.
The best way to avoid contract disputes is to have a seasoned attorney help to negotiate and draft the original agreement, making sure that all terms are clear and exigencies accounted for. Even with a solid contract, a dispute can arise or a breach may occur. At this stage, experienced attorneys like those at Payton & Associates can help you negotiate and, if necessary, litigate the dispute. Visit the contract disputes page on our website to see how we can help you.