Agreement letter or the letter of agreement is basically a legal document between two parties committing a bond between them. Agreement letter carried information about the bond (purpose of a deal), circumstances, key responsibilities, and all the terms and conditions.
What is Agreement Letter?
This letter is used in a situation when two parties come up with something or jointly together for the same purpose, therefore, they used to write that official bond in a paper which turned up in the form of the agreement letter in the end, it is an official document which is always written on the bond paper which is self-attested by the authorized party. According to this agreement, both the parties are equally responsible for all the profit and losses not solely.
Importance
Agreement letter plays an overriding role in one’s life. As it is worked as a piece of evidence between the two parties who are jointly doing something together. It is a cardinal document and can be used when one of the partners is back stepped against any of the terms and conditions of the agreement, therefore, you have proof in written to make him understand that once he /she is committing you this and this and cannot back out even if he wanted.
How to Write Letter of Agreement Sample?
- Take a legal or bond paper and you can also write it in a word processing file
- Date and address and many useful and basic information
- Title of the letter-(purpose of agreement)
- Brief description of the letter
- Explanation of the working areas.
- Briefly described the key responsibilities, the circumstances, the terms and conditions and many more
- Asked for agreed or not
- Information on payment and payment mode
- Take signatures attested most importantly.
- Choose a trustworthy person always.
- Keep it simple and straight forward always.
- Thoroughly read out about the party.
Sample Agreement Letter Format Template
From
__________
__________
__________
__________
Date: _/_/__
To
__________
__________
__________
__________
Subject – Letter of Agreement
Respected _______(Name),
I _____ (Your Name) am writing this letter to enforce our agreement dates (mention date). You will create 5 proto samples per week with the comments amendment by our Quality checker . Once these samples are selected then only we,ll ask for more samples like fit and size set.
As per our agreement, I will pay you ___(mention the amount) advance payment before your joining. After that, Rs. __ will be credited to your bank account on the 1ST of every month
Please confirm this and sign this agreement letter therefore we can start up with our work ASAP. We are glad that you are joining with us and expecting you to join on (mention date).
Kindly provide your response as soon as possible.
Thanking you.
Sincerely,
________________ Name and signature
Conclusion
This letter is a legal document which is signed between two parties committing a bond between them. It’s important to follow all the formalities and legal guidelines when it comes to making such letters. That’s why it’s necessary to follow the correct format & layout. Refer to the sample & templates shared here to see how to create such letter.
