Sample Letter for Confirmation of Oral Agreement
Subject: Mississippi Sample Letter for Confirmation of Oral Agreement Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. The purpose of this correspondence is to formally confirm the details discussed and agreed upon in our previous oral agreement. In accordance with the principles of transparency and certainty, I believe it is important to have written documentation of our mutual understanding. This agreement refers to the civil law jurisdiction of Mississippi, where a verbal contract is generally legally binding, but its enforceability may be challenged due to the lack of written evidence. Thus, a written confirmation is crucial to provide clarity and mitigate the risk of any potential misunderstandings or disputes arising in the future. The key terms and conditions agreed upon are as follows: 1. Parties Involved: [Full Name] (hereinafter referred to as the "First Party") [Full Name] (hereinafter referred to as the "Second Party") 2. Date and Location of Agreement: The oral agreement was reached on [Date] at [Location]. 3. Nature of Agreement: Please provide a detailed description of the nature of the agreement or arrangement reached between both parties. Be specific and include any relevant points, such as deliverables, responsibilities, deadlines, payment terms, or any other pertinent information. 4. Duration: Specify the duration of the agreement if applicable, including the start and end dates, or any provision relating to termination or renewal. 5. Consideration: Elaborate on the consideration exchanged between the First and Second Parties, such as monetary payments, services rendered, goods exchanged, or any other relevant terms. 6. Amendments or Modifications: Clarify whether any amendments or modifications to the agreement have been discussed, and if so, specify the process or procedure through which they will be done. 7. Governing Law: As mentioned earlier, this agreement falls under the jurisdiction of the state of Mississippi. Therefore, any potential legal matters or disputes regarding this agreement will be resolved based on the applicable laws of Mississippi. Should you have any questions or concerns regarding the content of this letter, or if there are any inaccuracies or omissions, please inform me promptly, as it is crucial to have an accurate written record of our agreement? Please signify your acceptance and confirmation of these terms by signing a copy of this letter and returning it to me within [specified timeframe]. This will serve as a legally binding document and eliminate any ambiguity surrounding our oral agreement. Thank you for your prompt attention to this matter, and I look forward to maintaining a fruitful business relationship with you in the future. Yours sincerely, [Your Name] [Your Title/Position] [Your Contact Information]
Subject: Mississippi Sample Letter for Confirmation of Oral Agreement Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. The purpose of this correspondence is to formally confirm the details discussed and agreed upon in our previous oral agreement. In accordance with the principles of transparency and certainty, I believe it is important to have written documentation of our mutual understanding. This agreement refers to the civil law jurisdiction of Mississippi, where a verbal contract is generally legally binding, but its enforceability may be challenged due to the lack of written evidence. Thus, a written confirmation is crucial to provide clarity and mitigate the risk of any potential misunderstandings or disputes arising in the future. The key terms and conditions agreed upon are as follows: 1. Parties Involved: [Full Name] (hereinafter referred to as the "First Party") [Full Name] (hereinafter referred to as the "Second Party") 2. Date and Location of Agreement: The oral agreement was reached on [Date] at [Location]. 3. Nature of Agreement: Please provide a detailed description of the nature of the agreement or arrangement reached between both parties. Be specific and include any relevant points, such as deliverables, responsibilities, deadlines, payment terms, or any other pertinent information. 4. Duration: Specify the duration of the agreement if applicable, including the start and end dates, or any provision relating to termination or renewal. 5. Consideration: Elaborate on the consideration exchanged between the First and Second Parties, such as monetary payments, services rendered, goods exchanged, or any other relevant terms. 6. Amendments or Modifications: Clarify whether any amendments or modifications to the agreement have been discussed, and if so, specify the process or procedure through which they will be done. 7. Governing Law: As mentioned earlier, this agreement falls under the jurisdiction of the state of Mississippi. Therefore, any potential legal matters or disputes regarding this agreement will be resolved based on the applicable laws of Mississippi. Should you have any questions or concerns regarding the content of this letter, or if there are any inaccuracies or omissions, please inform me promptly, as it is crucial to have an accurate written record of our agreement? Please signify your acceptance and confirmation of these terms by signing a copy of this letter and returning it to me within [specified timeframe]. This will serve as a legally binding document and eliminate any ambiguity surrounding our oral agreement. Thank you for your prompt attention to this matter, and I look forward to maintaining a fruitful business relationship with you in the future. Yours sincerely, [Your Name] [Your Title/Position] [Your Contact Information]