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A contract must include all relevant information about the exchange. Essentially, anyone can draft a contract on their own; an attorney is not required to form a valid contract.

Keep in mind, though, hiring a lawyer to draft a document may cost anywhere from $100 per hour to $400 per hour or more.

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How to Make a Legally Binding Document Their signature is proof they accepted the contract. The signature binds both parties to the terms. Getting the contract notarized proves each party signed the document (since no one can claim their signature was forged) The document has the notary's mark and seal.

In short, a legal document by definition is one that outlines an agreement between two or more parties that has been signed by mutual assent and in all other respects can be relied upon in court. However, there are many other forms of documents that people will refer to as legal.

You can write your own contracts. There is no requirement that they must be written by a lawyer. There is no requirement that they have to be a certain form or font. In fact, contracts can be written on the back of a napkin!