READJUSTING DEBT AND WRITING CONTRACTS

(Page 10 of 10)

February/March 1994
 
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In return for material and labor supplied by you, l will pay you X dollars when you begin the job, and another X dollars when you finish it.

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3. Duration of offer:

I will hold this offer open for 31 calendar days from the date of this letter. Should you fail to accept by that date, the offer will be automatically withdrawn.

4. Provision in case of partial performance or nonperformance:

In the event you do not begin the job on the date specified in this letter, the contract will be void. In the event you begin the job but do not finish it, the down payment is returnable to me on demand, and you will receive no further payment.

5. Other provisions:

Should any of the plumbing become defective within two years after you make your repairs, you will make additional repairs at no cost within three business days after I notify you of the defects.

6. Manner of acceptance:

If you agree to the terms set forth in this letter of agreement, kindly sign the attached copy and return it to me by mail or by hand.

Cordially yours,
(your signature)
Agreed:
Date:
George Simon
(George's signature)

Excerpted from The New Jacoby & Meyers Practical Guide to Everyday Law (Simon & Schuster) by Gail /.Koff.Copyright © 1994 by Gail J.Koff.

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