Subject: Comprehensive Guide to New Mexico: Sample Letter for Confirmation of Oral Agreement Dear [Recipient's Name], I hope this letter finds you in good health. The purpose of this correspondence is to confirm the details of our recent oral agreement, ensuring that both parties involved are on the same page. As per our conversation held on [date] regarding [subject of agreement], I want to outline the key terms and conditions we agreed upon. 1. Parties involved: The agreement was established between [your name/company] (referred to as the "First Party") and [recipient's name/company] (referred to as the "Second Party"). 2. Date of Agreement: It was mutually agreed that the oral agreement was made on [date] during our discussion. 3. Nature of Agreement: The agreement pertains to [describe the subject of the agreement in detail]. Ensure to provide clarity on the specific services, products, or any other relevant details relevant to the agreement. 4. Duration of Agreement: Both parties have agreed that the agreement will be in effect from [start date] to [end date] unless otherwise terminated by either party with prior written notice. 5. Payment Terms: The parties have agreed upon the payment terms as follows: [detail the agreed payment amount, frequency, method, and due dates]. 6. Confidentiality: Both parties acknowledge the confidential nature of the information exchanged during the course of this agreement and agree to maintain strict confidentiality. 7. Amendments: Any amendments or modifications to this agreement must be made in writing and duly signed by both parties. 8. Governing Law: The agreement shall be governed by the laws of New Mexico, ensuring that any disputes or claims arising from this agreement are settled within the jurisdiction of New Mexico courts. Please note that this confirmation letter is not intended to supersede or replace any legal documentation you may deem necessary to enter into a formal agreement. It merely serves as a reference and clarifies the key points agreed upon orally. Should you require any revisions or have any questions regarding this confirmation or the terms outlined, please do not hesitate to reach out to me. Your prompt response within [specify a deadline] would be highly appreciated avoiding any confusion or misunderstanding. Thank you for your understanding and cooperation. We look forward to a productive and prosperous working relationship. Yours sincerely, [Your Name] [Your Position/Title] [Your Company Name] [Your Contact Information] --- Alternative Types of New Mexico Sample Letters for Confirmation of Oral Agreements: 1. Sample Letter for Confirmation of Oral Employment Agreement: This type of letter could be used to confirm the terms of an oral employment agreement, including position, responsibilities, compensation, start date, and any other relevant employment details. 2. Sample Letter for Confirmation of Oral Real Estate Agreement: In the case of an oral agreement regarding real estate, this letter would confirm the agreement's details, such as property details, purchase/sale price, payment terms, and other pertinent clauses. 3. Sample Letter for Confirmation of Oral Rental Agreement: This letter would be tailored to confirm an oral rental agreement, including the agreed-upon rental terms, lease duration, payment information, and any additional clauses significant to the rental arrangement. 4. Sample Letter for Confirmation of Oral Business Partnership Agreement: For oral partnership agreements, this letter would outline the key terms agreed upon, such as profit-sharing, responsibilities, decision-making, termination clauses, and overall partnership expectations. 5. Sample Letter for Confirmation of Oral Sales Agreement: This type of letter could confirm an oral sales agreement, detailing the agreed-upon product/service, pricing, delivery terms, payment terms, and any warranty or refund policies. Please note: It is essential to consult legal professionals and ensure compliance with local laws and regulations to protect the validity and enforceability of any agreements.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.