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Real estate leases for longer than one year. Contracts for over a certain amount of money (depending on the state) Contracts that will last longer than the life of the party performing the contract. A transfer of personal property at the death of the party performing the contract.
The basic elements required for the agreement to be a legally enforceable contract are: mutual assent , expressed by a valid offer and acceptance ; adequate consideration ; capacity ; and legality .
General features. Justinian identifies four types of real contract contracts in re (in a thing) mutuum, commodatum, depositum and pignus. Common to all four was an agreement, and the delivery of a res corporalis. They are in contrast to consensual and inominate contracts.
Minimum Contract Contents A description of the project for which the client is seeking services. A description of the services to be provided by the architect to the client. A description of any basis of compensation applicable to the contract and the method of payment agreed upon by both parties.
Contract Types Comparison Party 1 offers Bilateral Services or goods that are of value to the other party Unilateral Services or goods that the other party requested, usually in an open request Implied Services or goods Express Anything9 more rows Jan 26, 2022
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Fee Structure Fee StructureStandard Cost % of project 520% Drawing plans $2,000$20,000 Hourly rate $125$250 Per square foot $2$15 Nov 4, 2024
10 Different Types of Contracts Type of ContractEveryday Use Implied Contracts Common in everyday transactions like dining out. Express Contracts Standard in formal business agreements. Simple Contracts Used for straightforward services or transactions. Unconscionable Contracts Often challenged in court for fairness.10 more rows Jul 18, 2024
The Standard Architectural Contract This serves as a go-to contract form for many of your architectural projects. Its essentially a predefined agreement that covers your most common project scenarios and is designed to be fair and balanced to all parties involved.

residential architect contract