Letter of agreement template should consist of the letter format which should contain the main provisions of the agreement and its allied clauses and provisions in it. These letters are prepared when a new business relationship is formed. The letter of agreement template should be made in such a way that the needs of both the parties are satisfied. By outlining the deal terms, a written agreement helps you protect your legal rights and know your responsibilities. This letter helps remove all the confusion between the two parties who are doing business together.
The letter of agreement should be simple, accurate and to the point, it should be understandable and clear. The letter should outline the important points clearly and it should be thoroughly checked. Such drafted agreements may be mergers and acquisitions transaction agreements, joint venture agreements, real property lease agreements and several other categories of agreements that may govern material transactions. The letter of Agreement can also act as a legal document in case of disputes between the two parties.
Table of Contents
Letter Of Agreement Template Writing Tips
- The letter should specify the agreement
- The letter should highlight on the terms and conditions laid out in the agreement
- The letter should be understandable to the reader
- The letter should be in simple language
- There is no place for ambiguity and complication in such letters
- The letter should express the needs of both parties
Letter Of Agreement Template Template
Use our free Letter Of Agreement Template to help you get started.
From,
__________
__________
__________
__________
Date: _____ (Date on Which Letter is Written)
To,
__________
__________
__________
__________
Subject – _______________________(Mention the purpose)
Respected _______(Name)
I am _____ (Your Name) and as per agreement hereby note that this agreement is to rent out my building to the second party on a monthly rent of Rs ____(Mention the amount) and with an advance of Rs _____(mention the advance amount). The contract is initially for _____(mention the duration of the contract). All the factors associated with the agreement are incorporated into the original document.
Hope you agree with it and sign it
Thanking you.
Sincerely,
Name and signature
Sample Letter
From:
Joshua C. Callender
345 Melville Street
Memphis, TN 38118
To:
Jewell G. Huckins
HR Department
MayorMiles Company
Hopewell Junction, NY 12533
19th December 2009
Respected Sir/Madam,
This is to make clear in legal terms the agreement reached between me Mr. Gurumurthy as the fist party and you Mr. Ravi as the second party to rent out my two buildings for the purpose of your enterprise, initially a period of 11 months. If the parties find it suitable to go on with the contract, the contract may be extended. And if the parties feel to terminate it then and there, they are free to do so provided a three month’s notice being served to the party concerned. The rent advance for the building will be 5,00,000 and the monthly rent for the building and its rooms will be Rs 2,00,000 per month and it should be paid on 3rd of each month through cash, cheque or online transfer of amount. The building has got 12 rooms with fully furnished office space consisting of tables, chairs, furniture sets, sitting sofas, etc. The building has facilities like electricity connection, water connection and cable connection for both phone and TV.
Hope this agreement letter may find you happy and if you need any further clarification in this regard, you are free to contact me or email to me. If you feel the terms and conditions up to your expectations, you may kindly sign the contract hereby.
Thanking you,
Yours sincerely,
Joshua C. Callender
Email Format
The following is the Email Format to be followed for an Agreement Letter.
To: name@email.com
From: name@email.com
SUBJECT: Agreement Letter.
Dear Sir/Madam,
This is to make clear in legal terms the agreement reached between me Mr. Gurumurthy as the fist party and you Mr. Ravi as the second party to rent out my two buildings for the purpose of your enterprise, initially a period of 11 months. If the parties find it suitable to go on with the contract, the contract may be extended. And if the parties feel to terminate it then and there, they are free to do so provided a three month’s notice being served to the party concerned. The rent advance for the building will be 5,00,000 and the monthly rent for the building and its rooms will be Rs 2,00,000 per month and it should be paid on 3rd of each month through cash, cheque or online transfer of amount. The building has got 12 rooms with fully furnished office space consisting of tables, chairs, furniture sets, sitting sofas, etc. The building has facilities like electricity connection, water connection and cable connection for both phone and TV.
Hope this agreement letter may find you happy and if you need any further clarification in this regard, you are free to contact me or email to me. Looking forward to your response at the earliest.
Thanking you,
Yours sincerely,
Gurumurthy
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