Free templates for contract forms are available on ContractsTemplates.org. There are a variety of different contract types to choose from, including loan contracts and land contracts. RocketLawyer.com also has a number of free contract templates, including contracts for independent contractors and manufacturing contracts.
A contract is a legal document between parties that is enforceable by law. The basic elements that go into a contract include mutual consent, consideration, legality and capacity. Some states allow the element of consideration to be a valid substitute for a contract. To be considered legally binding, a contract must include the promise made for appropriate consideration.