There are many types of contracts that are used on a daily basis. They are very important documents that allow all sides involved a level playing field when it comes to the particular topic at hand. Many times contracts are considered to be a legal form of stating that all parities agree to the terms stated within the contract. Most of the time the contract does not need to be notarized, but all
. sides do need to sign the document. General contractors typically have some type of contract with the person or company that they are working for. This type of contract will have everything that is expected, some type of price or budget that must be adhered to along with the signatures and the dates all in the document. Some companies choose to use some form of contract when hiring new employees. These typically state all of the information about the benefits, the pay or salary along with other terms and guidelines that the company and the employee both must follow. Landlords and tenants also have a type of a contract that is between them. This is normally called a lease, but they are very similar to one another. Contracts are also used for purchasing homes and vehicles. These release the seller of all obligations and note that the buyer now takes responsibility. For example, if a seller sells a car and the new owner hits another car, by having the contract the seller is free from the obligation that the new owner may neglect since the car is not yet in their name. Many other types of contracts are used and using a template is a great way to figure out all of the key details that should be included. These contracts are a very suggested way to do just about anything, they are a great way to clarify any wrongdoings or confusions. More Reference Links: http://examplesofcontracts.com/ http://www.printablecontracts.com/